DNKN - Dunkin' confirms talks to be taken private by Inspire Brands

Dunkin' Brands Group (DNKN) confirms that it has held preliminary talks to be acquired by Inspire Brands after the New York Times reported on the negotiations earlier.Inspire would take Dunkin' private at $106.5 per share, valuing the company at $8.8B, the Times reported, adding that the deal could be announced as soon as Monday.The price would be a 20% premium over DNKN's closing price of $88.79 on Friday.In a statement, Dunkin' said "there is no certainty that any agreement will be reached."If successful, Inspire will add the Dunkin' coffee-and-donut and Baskin Robbin ice cream chains to it Buffalo Wild Wings, Arby's Sonic, and Jimmy John's chains that it already owns.Inspire is majority-owned by affiliates of Roark Capital Group.In the past six months, DNKN shares have risen 46.76%:

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Dunkin' confirms talks to be taken private by Inspire Brands