Dunkin’ Brands Is in Talks to Sell Itself and Go Private
- Date: 25-Oct-2020
- Source: The New York Times
- Sector:Economy
- Country:Middle East
Dunkin’ Brands Is in Talks to Sell Itself and Go Private
DealBook Business and PolicyThe parent of Dunkin' and Baskin Robbins is in talks with a private-equity-backed company for a takeover that values the company at nearly $9 billion.A Dunkin' Donuts in Brooklyn earlier this month. The chain brings in more than half its revenue through drinks.Credit...Mark Lennihan/Associated PressBy Lauren HirschDunkin' Brands, the parent company of the Dunkin' and Baskin Robbins chains, is nearing a deal to sell itself to a private equity-backed company, Inspire Brands, that could be announced as soon as Monday, two people with knowledge of the negotiations said.The deal being discussed would take Dunkin' Brands private at a price of $106.50 a share, these people said. That would be a 20 percent premium over the company's closing price on Friday, and implies a company valuation of about