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Dunkin’ shares hit all-time high after holding buyout talks

October 26, 2020

Via: ABC News
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The Dunkin’ doughnuts and coffee chain confirmed it’s held talks to be taken private by a private equity firm, sending shares rocketing to an all-time high at the opening bell Monday.

Dunkin’ Brands Group said it’s in preliminary discussions with Inspire Brands, which also owns Arby’s and Jimmy John’s Sandwiches. In a prepared statement Sunday, Dunkin’ said it was not yet certain a deal would be reached and would not comment further.

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