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Coffee chain Dunkin Brands Group Inc (NASDAQ: DNKN) confirmed Friday evening that it struck deal to sell itself to Inspire Brands for $106.50 per share.The Street's mostly supportive of the deal ...
Inspire Brands LLC is an American fast-food restaurant franchise company. Owned by Roark Capital Group , it owns the Arby's , Buffalo Wild Wings , Sonic Drive-In , Jimmy John's , Mister Donut , Dunkin' Donuts , and Baskin-Robbins chains, which have a combined 31,700 locations and US$30 billion in system sales.
Dunkin’ Brands Group confirmed on Friday that it will be snapped up by Inspire Brands in an all-cash deal valued at about $8.8 billion.Under the terms of the merger agreement, Inspire Brands ...
After going private in 2017 when JAB Holding bought the company for $7.5 billion, Panera Bread will go public once again through an initial public offering. (Justin Sullivan/Getty Images) (Justin ...
The firm, which is based in Atlanta, Georgia, was founded in 2001 by the current Managing Partner, Neal K. Aronson. [5] Senior team members include President Paul D. Ginsberg, Chief Investment Officer Erik O. Morris, and Managing Directors Timothy Armstrong, Stephen D. Aronson, Dennis Gies, Clay Harmon, Geoff Hill, Kevin Hofmann, Ian Picache, Gregory Smith, Sarah Spiegel, Michael Thompson, and ...
Inspire Brands announced on Saturday, October 31, 2020, that they would be acquiring Dunkin' Brands Group for $11.3 billion, which would include Dunkin' Brands' debt that Inspire Brands would be taking on. Inspire would pay $106.50 in cash for each of Dunkin' Brands' shares. [44] On December 15, 2020, the acquisition was completed, and Dunkin ...
The deal value represents approximately 20% premium to Dunkin’ Brands’ market capitalization as of Friday’s closing price.Shares of Dunkin’ Brands closed at $88.79 on Friday, reflecting a ...
Baskin-Robbins was founded in 1945 by American brothers-in-law Burt Baskin and Irv Robbins from the merging of their respective ice cream parlors, in Glendale, California. [citation needed] Burt Baskin learned about ice cream while he was in the military during World War II and opened Burton's Ice Cream Shop in California in 1946. [12]