Arby's and Buffalo Wild Wings owner buying Dunkin' Brands

 

November 1, 2020



NEW YORK (AP) — Dunkin' doughnuts and coffee is being combined with Buffalo Wild Wings and Arby's sandwiches.

Inspire Brands Inc. said Friday that it is acquiring Dunkin' Brands Group Inc. for $11.3 billion, including the Dunkin' Brands' debt that Inspire will be taking on.

The private-equity firm will pay $106.50 in cash for all of Dunkin' Brands' shares, which closed Friday at $99.71. Dunkin' Brands' stock surged to an all-time high earlier this week after the company confirmed the two were in merger talks.

Dunkin', based in Canton, Massachusetts, also owns the Baskin-Robbins ice cream chain...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024