Arby's Owner Inspire Brands to Buy Dunkin' Brands for $11.3 Billion
Dunkin Brands (NASDAQ: DNKN) will take its Dunkin' Donuts and Baskin-Robbins ice cream chains private after agreeing to be acquired by Inspire Brands in an $11.3 billion deal.
The owner of Arby's, Buffalo Wild Wings, and Sonic will pay $106.50 per share in cash for Dunkin', a 20% premium to its closing price on Oct. 23, when it was first reported the companies were considering a merger.
Image source: Dunkin Brands.
Source Fool.com