Dunkin' Brands Discusses Potential Sale To Inspire Brands
Dunkin' Donuts and Baskin Robbins chains owner Dunkin' Brands Group Inc has held preliminary discussions about being acquired by Inspire Brands, which is a private equity-backed restaurant company, Dunkin' has said.
"There is no certainty that any agreement will be reached," Dunkin' Brands chief communications officer Karen Raskopf said.
Dunkin' declined to reveal further details.
The deal being discussed would take Dunkin' Brands private at a price of $106.50 a share, according to The New York Times, which first reported the development.
Inspire Brands declined to comment when contacted by Reuters.
Inspire Brands Portfolio And Formation
Inspire's portfolio includes more than 11,000 Arby's, Buffalo Wild Wings, SONIC Drive-In, Rusty Taco and Jimmy John's locations worldwide, according to the company's website.
Inspire Brands was formed in 2018 by private equity firm Roark Capital as a holding company after Arby's completed the acquisition of Buffalo Wild Wings.