CANTON, Mass. – Dunkin’ Brands Group Inc. is in talks to sell itself to Inspire Brands, a private-equity-backed firm, the New York Times reported Sunday.
Sources told the Times that the public company that owns Dunkin’ and Baskin-Robbins could possibly be bought at $106.50 per share, 20% over the companies closing price prior to the weekend. If that sale price holds, the sale would total roughly $8.8 billion.
Facing the Holidays with a Cancer Diagnosis
The holidays are often painted as a time of joy, tradition, and togetherness. But for…
Learn More
Inspire brands owns Arby’s, Buffalo Wild Wings, Sonic and Jimmy John’s and is backed by Roark Capital.
Dunkin’ Brands confirmed the negotiations to the Times, but said that there is no certainty a deal will be reached and declined further comment until a transaction is agreed to.
Ugh! What to think about this deal, huh? Yeah for the investors on the success of the value of their investment. Crap for the employees who will probably be seen as a manageable asset to be worked for the least amount of cost instead of a valuable partner in the business that should share in the company’s success.