Inspire Brands has held preliminary discussions to acquire Dunkin' Donuts and Baskin Robbins chains owner Dunkin' Brands Group for roughly $8.8 billion at $106.50 a share, months after the latter announced plans to close up to 800 underperforming stores in the US.
An announcement is expected soon.
However, there is yet no certainty that any agreement would be reached, says Karen Raskopf, Chief Communications Officer of Dunkin’ Brands.
According to Dunkin' Chief Financial Officer Katherine Jaspon, the company announced the closures of 800 branches to allow their franchisees to put up stores in higher-traffic areas.
Dunkin' dropped “Donut” from its name last year to shift its emphasis to coffee.
The pandemic has changed the habits of Dunkin' customers who were forced to work at home as they now choose to head out for coffee later in the day.
Inspire Brands spokeswoman Selden Hunnicutt declined to discuss the possible sale, saying that they do not comment on rumors around potential acquisition targets.
Inspire Brands is a private equity-backed restaurant company with a portfolio of more than 11,000 Arby’s, Buffalo Wild Wings, SONIC Drive-In, Rusty Taco, and Jimmy John’s locations worldwide.
Founded in February 2018, Inspire Brands now owns more than 11,000 restaurants and has posted sales of $14.6 billion.


Tesla Q2 Deliveries Lift Chinese Auto Suppliers as EV Demand Improves
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds
Norway Offshore Oil Workers Reach Wage Deal, Averting Strike
Trump Administration to Launch Voluntary AI Standards for Frontier Models
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says
easyJet Agrees in Principle to £5.23 Billion Castlelake Takeover Offer
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows
Northern Star Appoints New CEO as Activist Elliott Pushes for Leadership Overhaul
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google
Super Micro Employees Detained in Taiwan AI Server Export Investigation
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round
TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 



