Question
Mergers, asset purchases, stock purchases, and the necessary shareholder approval in certain cases. Dunkin Brands, the parent corporation of Dunkin, formerly known as Dunkin Donuts,
Mergers, asset purchases, stock purchases, and the necessary shareholder approval in certain cases. Dunkin Brands, the parent corporation of Dunkin, formerly known as Dunkin Donuts, is reported to having agreed to be purchased by Inspire Brands, the holding company that owns Jimmy Johns, Arby's and other fast-food companies.
What kind of combination was planned? Merger, acquisition, asset purchase, stock purchase?
What would be the role and responsibility of the Dunkin Brands' board of directors in such a combination?
Would Dunkin Brands' shareholder approval be required in such a combination?
If Dunkin shareholder approval is required, do you think it might difficult to secure Dunkin shareholder approval? Why of why not.
Cite at least three sources, e.g., Bloomberg News, Wall Street Journal, Barron's, etc.
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