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Dunkin' shares hit all-time high after holding buyout talks
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Dunkin' shares hit all-time high after holding buyout talks
The Dunkin’ doughnuts and coffee chain confirmed it's held talks to be taken private by a private equity firm, sending shares rocketing to an all-time high at the opening bell Monday. Dunkin’ Brands Group said it’s in preliminary discussions with Inspire Brands, which also owns Arby’s and Jimmy John’s Sandwiches. Inspire Brands said it had no comment Monday, but Dunkin’ shares jumped 16% to $104.87.
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