Surprise Me!

Dunkin' Brands Leaps 18%

2020-10-26 0 Dailymotion

On Monday, Dunkin' Brands surged 18%.<br />The New York Times reported that Dunkin' Brands held preliminary talks to go private in a deal worth at least $8.8 billion.<br />Dunkin' confirmed that it is in talks to go private.<br />Inspire Brands would buy out Dunkin' for $106.50 per share.<br />Business Insider reports that increase represents a potential upside of 20% from Friday's close.<br />Inspire Brands is a private-equity backed firm that owns Arby's, Buffalo Wild Wings, Sonic Drive-In, and Jimmy John's.<br />"There is no certainty that any agreement will be reached." Dunkin' said in a statement.

Buy Now on CodeCanyon