Canton, Mass. — Shares of Dunkin’ Brands Group Inc. rose by more than 15% on Oct. 26 as the Massachusetts-based coffee and breakfast chain moved forward with talks to be acquired by Atlanta-based Inspire Brands, the parent company of chains like Arby’s and Jimmy John’s. The New York Post reports that the deal, which would take Dunkin’ private, is valued at $8.8 billion. Dunkin’s stock price closed at $89.80 per share on Oct. 23 and peaked at $104.87 per share in trading on Oct. 26 before closing just below that …
Dunkin’ Brands Group
Canton, Mass. — Baskin-Robbins, the world’s largest chain of ice cream specialty shops, has signed a multi-unit agreement to develop 10 new locations across Upstate New York, including in Syracuse and the Southern Tier, in addition to Wilkes-Barre/Scranton, Pa. With a portfolio of 40 Dunkin’ restaurants and one multi-brand location, the deal was signed with franchisees Bapa Chambers Rd Ice Cream, LLC. The first store of the 10-unit deal opened in Horseheads, N.Y., in mid-July. The Horseheads Baskin-Robbins marks the brand’s first stand-alone “Moments” store location to open east of …