A Canton-based company that includes one of the best-known brands in the country may be putting itself up for sale.
According to an article in the New York Times, Dunkin' Brands is in negotiations with holding company Inspire Brands, with the plan being for Dunkin' to be taken private at a price of $106.50 a share. The post says that if a deal is reached, it could be announced as early as later today and that based on the proposed 20-percent premium for the stock price, the value of Dunkin' Brands could be somewhere around $8.8 billion.
Dunkin' Brands is the parent company of Dunkin' (formerly Dunkin' Donuts) and Baskin Robbins, while Inspire Brands--which had once been called Arby's Restaurant Group Inc.--includes such well-known brands as Arby's, Buffalo Wild Wings, Jimmy John's, and Sonic Drive-In.
by Marc Hurwitz (Also follow us on Twitter at @hiddenboston)[A related post from our sister site (Boston's Hidden Restaurants): List of Restaurant Closings and Openings in the Boston Area]
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