Your Favorite Coffee Chain May Be Getting a New Owner
Published
Oct 26 2020 at 3:13 PM GMT
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- Dunkin' may soon have a new owner whose portfolio already includes several other high-profile restaurant brands.
- Dunkin' Brands Group Inc., the parent company of the beloved coffee chain, is in talks to be acquired by the Atlanta-based Inspire Brands.
- The deal would add Dunkin' and Baskin-Robins to Inspire's hefty portfolio of chains such as Arby's, Buffalo Wild Wings, and Sonic Drive-In.
- (Related: 9 Restaurant Chains That Closed Hundreds of Locations This Summer.)The New York Times first reported on the acquisition talks between the companies over the weekend, putting the valuation of Dunkin' Brands at about $8.8 billion.
- The move would take the company private at the price of $106.50 a share.
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- Published Oct 26, 2020 3:13 PM GMT