The potential deal was first reported by the New York Times on Sunday.
Inspiration will buy Dunkin Brands (DNKN) The Times quoted two people with knowledge of the 106.50 negotiation per share as reporting. That would bring the deal to about 8. 8.8 billion. The deal could be announced as soon as possible, sources told the Times.
Chief Communications Officer Karen Raskoff said: “Dunkin Brands has confirmed that it has held preliminary discussions to acquire Inspire Brands. It is not certain whether an agreement will be reached. No group will agree on a deal. Will not comment. ” Dunkin ‘Brands.
The brand was privatized in 2005. Dunkin ‘Don Don Nuts and Baskin-Robbins, Ben Capital by Pranod Ricard SA, Carlyle Group and Thomas H. Three private equity firms, including Lee Partners, were sold for 2.4 billion. The company was announced in 2011.
Inspiration Brands declined to comment. The company, which owns Arby, Buffalo Wild Wings and many other restaurant brands, is backed by private equity group Rark Capital Group.
In 2018, Duncan dropped ‘Donuts’ from its name, naming itself as a “drink-led” company, expanding its food and beverage choices. Earlier this year, Duncan announced it would close about 800 restaurants permanently – more than half of the locations are in the Speedway gas station facility.
Dunkin Brands is set to release earnings on Thursday.
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