Dunkin’ Brands files for IPO
New York City -- Dunkin’ Brands Group, which operates the Dunkin' Donuts and Baskin-Robbins chains, filed to sell at least $400 million of stock in an initial public offering.
The Canton, Mass.-based company plans to use the proceeds to repay debt and for working capital and general corporate purposes, according to its filing with the Securities and Exchange Commission.
Dunkin' Brands was taken private in 2005 by a trio of private-equity firms for $2.4 billion in cash.
The company plans to trade on the Nasdaq Global Select Market under the ticker DNKN.