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

Editors Pick
Major League Baseball is talking expansion for the first time in a few decades. Owners stand to make a pretty penny from expansion fees and subsequent television rights. The possibility of a more balanced schedule is also enticing. Strong expansion candidates in the U.S. and Canada are ready... The New York Times is teaming up with Google again to give away Google Cardboard, the virtual reality headsets, but this time only to its "most loyal" digital subscribers. The company said that the digital-only subscribers selected for this distribution were chosen based on the duration of their subscriptions. Oil company Exxon Mobil Corp. on Friday reported a 63 percent fall in profit for the first quarter from last year, while Chevron Corp. reported a loss for the quarter, both on lower revenues. The results were impacted by the fall in crude oil prices and weaker refining margins. However, Exxon Mobil's earnings beat analysts' estimates, while Chevron's loss was wider than their expectations.
comments powered by Disqus
Follow RTT