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
TCL Communications CEO Nicolas Zibell announced the plan to launch new Blackberry brand smartphone with superior security features. The new android phone BlackBerry KeyOne will be a beginning of a new story, he noted. Though the iPhones with smarter and popular features killed the Canadian smartphone maker, the BlackBerry brand has been maintaining strong fan-following around the globe. Its secu In response to stiff competition from its rivals, AT&T Inc. has lowered the price of its unlimited data plan and is also offering a video credit if customers subscribe to a video service plan. The unlimited mobile data plan was made available to all AT&T customers less than two weeks ago. The plan for a single phone will now cost $90 for the first line, a price cut of $10. Discount-store operator Target, Inc. on Tuesday reported a 43 percent decline in profit in the fourth quarter from last year, reflecting lower sales and weaker margins. In addition, the prior-year period's results included a one-time gain. Adjusted earnings per share for the latest quarter missed analysts' expectations.
comments powered by Disqus
Follow RTT