logo
Share SHARE
FONT-SIZE Plus   Neg

Dunkin' Brands Announces Upsizing And Pricing Of Secondary Offering

Dunkin' Brands Group, Inc. (DNKN) announced the pricing of an upsized public offering by certain of its stockholders of 26.4 million shares of its common stock at a price of $29.50 per share.

The company further stated that the underwriters have been granted a 30-day option to buy up to an additional 3.96 million shares from certain of the selling stockholders.

The selling stockholders will receive all of the net proceeds from this offering, Dunkin' Brands noted.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
United Parcel Service, Inc. has started to test the use of drones to make commercial deliveries of packages to remote or difficult-to-access locations. On Thursday, the package delivery giant and drone-maker CyPhy Works staged a mock delivery of urgently needed medicine from Beverly, Massachusetts to Children's Island, which is about three miles off the Atlantic coast. Luxury electric car maker Tesla Motors Inc. (TSLA), Thursday filed a lawsuit against state officials over its right to sell vehicles directly to consumers in Michigan. The lawsuit has been filed against Governor Rick Snyder, Secretary of State Ruth Johnson and Attorney General Bill Schuette as defendants. Tesla... e.l.f. Beauty (ELF), a maker of cosmetic products, priced its initial public offering above its target range and raised about $141 million. The Oakland-based company opened sharply up on Thursday's trading on the New York Stock Exchange. The company said it sold about 8.3 million shares at $17 in...
comments powered by Disqus
Follow RTT