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Fly News Breaks for December 19, 2016
DNKN
Dec 19, 2016 | 08:57 EDT
After Bloomberg reported that JAB Holdings could look to buy Dunkin' Brands, BMO Capital analyst AndrewStrelzik estimates that the company could be acquired for $65-$75 per share, based on JAB's other deals in the sector in recent years. However, he says that he's "uncertain" whether the deal will occur and keeps a Market Perform rating on the shares.
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