Dunkin' Donuts parents file for $400M IPO

The parent company of Dunkin Donuts has filed for an initial public offering worth an estimated $400 million.

Type :	General
Investors will soon be running on “DNKN.” The parent company of Dunkin’ Donuts has filed for an initial public offering worth an estimated $400 million. Canton-based Dunkin’ Brands Group Inc. said in an announcement today that the underwriters for the stock offering are JPMorgan Securities, Barclays Capital and Morgan Stanley. Its Nasdaq stock symbol would be “DNKN.” The company went private in 2005 in a $2.4 billion deal by three private equity firms including Boston’s Bain Capital. Reports of an IPO by Dunkin’ surfaced last month. Details about the price range of shares and date for the IPO were not included in the filing of its registration statement with the U.S. Securities and Exchange Commission. The company and its franchisees operates 16,000 Dunkin’ Donuts coffee-and-doughnut stores and Baskin-Robbins ice cream shops in 57 countries. Dunkin’ Brands Group earned $26.9 million on revenue of $577 million in 2010, according to the prospectus.