Dunkin' Brands Might Be Going Private in $8.8 Billion Deal

Rhian Hunt, The Motley Fool
·2 min read
Dunkin' Brands Might Be Going Private in $8.8 Billion Deal
Dunkin' Brands Might Be Going Private in $8.8 Billion Deal

Doughnut, coffee, and ice cream chain Dunkin' Brands Group (NASDAQ: DNKN) might be on the verge of going private because of an acquisition offer by Inspire Brands, according to a company press release Sunday. While Dunkin' provided almost no information on the specifics in its news release, The New York Times' DealBook reports Inspire is offering $8.8 billion for the eatery company, an approximate 20% premium above Dunkin's Friday closing price. Barron's reports Lauren Silberman at Credit Suisse says the buyout would be "the highest takeout multiple" in a decade.