Inspire Brands officially announce its acquisition deal with Dunkin Brands

On Monday, Inspire Brands Inc. announced that it would finally acquire Dunkin’ Brands Group Inc. (DNKN.O) for $8.76 billion.

The Atlanta-based holding company stated that its all-cash deal to take the ownership of Dunkin’ Donuts and Baskin-Robbins chains private would value the firm at $106.50 per share.

“We are excited to bring meaningful value to shareholders who … believe that Inspire Brands … will continue to drive growth for our franchisees while remaining true to all that is unique and special about the Dunkin’ and Baskin-Robbins brands,” Dunkin’ Brands Chief Executive Officer Dave Hoffmann stated.

On Thursday, Dunkin’ Brands Group posted a surprise third-quarter comparable sales in the United States.

Dunkin’s debt was also included in the deal worth $11.3 billion.

Barclays would serve as Inspire’s financial adviser to Inspire Brands while BofA Securities would advise Dunkin’ Brands.