Merry Christmas, War is Over??
I have to put this in the "war must almost be over" category. Emphasis added .
Bain, a Boston-based buyout firm, is teaming up with Carlyle Group and Thomas H. Lee Partners LP to acquire Dunkin' Brands Inc., the companies said today in a statement. Pernod had expected to get about $2 billion for the Canton, Massachusetts- based unit, which also runs the Baskin-Robbins and Togo's chains.
``This business is a cash machine,'' said Laetitia Delaye, analyst at Kepler Equities in Paris, who has a ``buy'' rating on Pernod. ``There's a good growth level and very high margins.''
I wonder what the margin is on..... well, read this
This makes me very unhappy.
Krispy Kreme, land of the one good donut.
This is your moment.