Dave Hoffmann is no longer Dunkin' Brands CEO after Inspire Brands completed its acquisition Tuesday, but at least he goes out on a high note. The payout for shareholders, at $106.50 a share and $4.06 million in Hoffmann's case, is 169 percent higher than the stock's low point in 2020.
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Dunkin' and Baskin-Robbins are officially part of Inspire Brands.
Inspire Brands and Dunkin' made their rumored engagement official Friday night and illuminated some key details of the take-private acquisition.
The acquisition of sandwich giant Jimmy John's has gone through, so the nearly 3,000-restaurant brand is now part of Inspire Brands, which is now the fourth-largest restaurant company in the United States.
Inspire Brands, the parent company of Arby's, Buffalo Wild Wings and Sonic, has entered into an agreement to acquire Jimmy John's Sandwiches from Roark Capital Group. The Atlanta-based Roark private equity firm purchased Jimmy John's in 2016 and has been the longstanding owner of Arby's, which was rolled into the newly formed Inspire Brands in 2018.
Rasmus “Caps” Winther hoists the trophy for the best 1-versus-1 LoL player in the world.
Top League of Legends players face off in front of a crowd of hundreds in Las Vegas.