Dunkin’ IPO prices at $19 a share 7/27/2010

Posted: July 26, 2011 in Uncategorized
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Dunkin Brands group originally priced its initial public offering between $16-$18 a share. However the owner of Dunkin Donuts and the Baskin & Robbins ice cream chain is selling 22.3 million shares in an effort to raise $424 Million!! As of this afternoon out of San Francisco this stock will begin trading Wednesday on the Nasdaq. Dunkin will be available under the ticker (DNKN) Dunkin has said that the proceedings from the Initial Public offering will be used to repay debt.


Dunkin Donuts in 2010,generated total revenues and operating income of $577.1 million and $193.5 million, respectively.


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