Slideshow: Who's Getting Rich Off of the Dunkin' IPO? Here's the Top Shareholders
Dunkin' Brands, which owns Dunkin' Donuts and Baskin Robbins, is going public today. Late yesterday, Dunkin' Brands raised nearly $424 million after selling 22.3 million shares at $19 each. This was up from the $16 to $18 price range originally planned. JP Morgan, Barclays Capital and Morgan Stanley are joint bookrunners on the deal. Eleven more underwriters are on the deal, including BofA Merrill Lynch and Goldman Sachs. The underwriters have the option to buy another 3.3 million shares. Dunkin' is expected to trade Wednesday under the Nasdaq ticker "DNKN."
27 July 2011•3 mins read
