May 04, 2005

Sweet Takeover (Part II)

Pernod SA, which recently purchased Allied Domecq PLC, the British parent of Dunkin' Donuts, Baskin Robbins and Togo's, announced on May 3, 2005 that it expects a quick sale of the restaurant chains. Pierre Pringuet, Pernod's joint managing director, said that the three restaurant chains, estimated to be worth nearly $2.3 billion, have attracted both private equity and strategic buyers.

Posted by franchiselawblog at May 4, 2005 03:11 PM