Dunkin' Brands Announced Secondary Offering of 22 Million Shares of Common Stock
CANTON, Mass., March 16, 2012 // PRNewswire // -- Dunkin' Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin' Donuts (DD) and Baskin-Robbins (BR), today announced that certain of its stockholders intend to offer for sale in a secondary offering, subject to market and other conditions, 22 million shares of its common stock pursuant to a registration statement to be filed with the Securities and Exchange Commission. In addition, the underwriters will have an option to purchase up to an additional 3.3 million shares from the selling stockholders.
The selling stockholders will receive all of the proceeds from this offering. No shares are being sold by the Company. Dunkin' Brands Group, Inc. expects the offering to be completed in the second quarter of 2012.
The securities referenced above may not be sold and offers to buy may not be accepted prior to the time the registration statement relating to the offering of such securities becomes effective. This media release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
About Dunkin' Brands Group, Inc.
With approximately 16,800 points of distribution in nearly 60 countries worldwide, Dunkin' Brands Group, Inc. (Nasdaq: DNKN) is one of the world's leading franchisors of quick service restaurants (QSR) serving hot and cold coffee and baked goods, as well as hard-serve ice cream. At the end of 2011, Dunkin' Brands' nearly 100 percent franchised business model included more than 10,000 Dunkin' Donuts restaurants and more than 6,500 Baskin-Robbins restaurants. For the full-year 2011, the company had system-wide sales of approximately $8.4 billion. Dunkin' Brands Group, Inc. is headquartered in Canton, Mass. The Company's website is located at www.dunkinbrands.com.
SOURCE Dunkin' Brands Group, Inc.