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Dunkin' Brands initiates $400 million IPO

May 4, 2011

Dunkin' Brands Group, Inc., which is a leading franchisor of quick service restaurants serving coffee, baked goods, and ice cream, filed on Wednesday with the SEC to raise up to $400 million in an initial public offering. The Canton, MA-based company, which was founded in 1950 and booked $589 million in sales for the 12 months ended March 26, 2011, plans to list on the NASDAQ under the symbol DNKN. J.P. Morgan, Barclays Capital, and Morgan Stanley are the lead underwriters on the deal. No pricing terms were disclosed.