Carlyle Group

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Dunkin’ Donuts parent eyes IPO

A Dunkin' Donuts in Posen, Ill. (Zbigniew Bzdak/Chicago Tribune)

Private equity-backed Dunkin’ Brands Inc. is considering an initial public offering of about $500 million in the second half of 2011, sources familiar with the situation said.

The IPO could be as large as $750 million, one of the sources said. Two or the sources said that there is disagreement among the sponsors over the company’s valuation. All of the sources said the discussions are preliminary and could change. Get the full story »

Alum gives U. of C. Law School $10M

The University of Chicago Law School announced Wednesday that it has received a $10 million gift to create 60 full-tuition scholarships starting next year.

The donation, the largest gift from an individual in the law school’s history, came from David Rubenstein, an alumnus who founded a successful private equity firm in Washington D.C. Get the full story »

GM’s Whitacre stepping down after strong quarter

General Motors said Thursday that CEO Ed Whitacre, 68, is stepping down as chief executive Sept. 1 and as chairman by year-end.

Dan Akerson, 61, a GM board member since 2009, will assume both roles by the end of the year. Get the full story »