Dunkin' Brands Group, Inc. Statement about Possible Acquisition

Rhea-AI Summary

Dunkin' Brands Group, Inc. (Nasdaq: DNKN) announced on October 25, 2020, that it has engaged in preliminary discussions regarding a potential acquisition by Inspire Brands. While these discussions are ongoing, Dunkin' Brands has stated there is no certainty that an agreement will be reached. The company will refrain from further comments until a definitive transaction is either agreed upon or discussions are concluded. Dunkin' Brands operates over 21,000 locations globally, featuring Dunkin' and Baskin-Robbins.

Positive

• Engaged in discussions for a possible acquisition, indicating interest from a larger entity.
• Dunkin' Brands operates over 21,000 locations in more than 60 countries, showcasing strong global presence.

Negative

• No certainty of an agreement, creating uncertainty for investors.

CANTON, Mass., Oct. 25, 2020 /PRNewswire/ -- Dunkin' Brands Group, Inc., (Nasdaq: DNKN), the parent company of two of the world's most recognized brands, Dunkin' and Baskin-Robbins, confirms that it has held preliminary discussions to be acquired by Inspire Brands. There is no certainty that any agreement will be reached. The Company will not comment further unless and until a transaction is agreed or discussions are terminated.

About Dunkin' Brands Group, Inc.

With more than 21,000 points of distribution in more than 60 countries worldwide, Dunkin' Brands Group, Inc. (Nasdaq: DNKN) is one of the world's leading franchisors of quick service restaurants (QSR) serving hot and cold coffee and baked goods, as well as hard-serve ice cream. At the end of the second quarter of fiscal year 2020, Dunkin' Brands' 100 percent franchised business model included over 13,000 Dunkin' restaurants and approximately 8,000 Baskin-Robbins restaurants. Dunkin' Brands Group, Inc. is headquartered in Canton, Mass.

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SOURCE Dunkin' Brands Group, Inc.

FAQ

What is the latest news about Dunkin' Brands Group (DNKN)?

Dunkin' Brands announced preliminary discussions for a potential acquisition by Inspire Brands.

What could an acquisition mean for Dunkin' Brands (DNKN)?

An acquisition could lead to strategic changes and potential growth opportunities for Dunkin' Brands.

When did Dunkin' Brands (DNKN) announce acquisition discussions?

The discussions were announced on October 25, 2020.

Is there a guarantee that Dunkin' Brands (DNKN) will be acquired?

There is no certainty that any agreement will be reached regarding the acquisition.