CNBC.com is reporting that shares of Dunkin surged by 15% Monday after the Canton-Based firm confirmed sales talks with Inspire Brands, the privately held owner of Arby's and Jimmy John's.
The New York Times is reporting that the deal is valued at $8.8 Billion or a little over $106 a share.
The ongoing pandemic has sent Dunkin's same store sales down nearly 20 percent in the second quarter.
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