What happened Shares of Dunkin' Brands Group (NASDAQ: DNKN) soared 18% at the market open today, and remain up 16% at 10:30 a.m. EDT, after it acknowledged it is in talks to be acquired and go private. Other than announcing that it is in preliminary discussions, the company said it would not comment any further unless or until an agreement is reached or talks are ended. So what The New York Times reported this weekend that Inspire Brands, the privately held owner of Arby's and Jimmy John's, may acquire Dunkin'. Image source: Dunkin' Brands Group. The report says Inspire Brands would be taking Dunkin' private at a price of $106.50 per share, which represents a 20% premium to Friday's closing price. Now what A deal would add to the Inspire Brands portfolio that also includes Buffalo Wild Wings, Rusty Taco, and Sonic. Inspire currently reports total annual sales of $14.6 billion, including franchised locations. Dunkin' Brands stores, which are all franchised, reported 2019 revenue of $1.37 billion. The COVID-19 pandemic has impacted consumer discretionary spending patterns, but Dunkin' has said its business has navigated the change successfully. Though its comparable-store sales declined 18.7% in its second quarter ended June 27, 2020, sales improved sequentially throughout those months. The company introduced new menu items to reflect the change in business conditions, as it said customers were visiting locations later in the day during the pandemic. It maintained drive-thru and online ordering at most of its locations throughout the time period. It also announced plans to close about 800 of its least profitable U.S. locations. Dunkin' next reports earnings this Thursday, Oct. 29. 10 stocks we like better than Dunkin' Brands GroupWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Dunkin' Brands Group wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of October 20, 2020 Howard Smith has no position in any of the stocks mentioned. The Motley Fool recommends Dunkin' Brands Group. The Motley Fool has a disclosure policy.Source