CANTON, Mass. (NewsNation Now) — The parent of the Dunkin’ Donuts and Baskin Robbins chains, Dunkin Brands Group Inc, is nearing a deal to sell itself to a private equity-backed restaurant company for $106 per share.
“Dunkin’ Brands confirms that it has held preliminary discussions to be acquired by Inspire Brands. There is no certainty that any agreement will be reached. Neither group will comment further unless and until a transaction is agreed,” the company told NewsNation.
Dunkin is set to sell itself to Inspire Brands, a multi-brand restaurant company, and the deal could be made public as soon as Monday.