Thursday at 1:10 p.m.
Filed under:
Food,
Franchises,
IPOs,
Restaurants
By Dow Jones Newswires
A busy morning at the Dunkin' Donuts franchise in the village of Posen. (Zbigniew Bzdak/Tribune)
Dunkin’ Brands Inc. has hired J.P. Morgan Chase & Co. and Barclays PLC to lead an initial public offering of its Dunkin’ Donuts unit this summer, CNBC’s Kate Kelly reported Thursday, without citing sources.
The IPO would seek to raise between $500 million and $700 million, she said. Get the full story »
Feb. 28 at 1:40 p.m.
Filed under:
Internet,
M&A,
Technology,
Telecommunications
By Reuters
A new JPMorgan Chase & Co. technology fund is in talks to buy a substantial stake in Internet messaging and communications site Twitter, the Financial Times reported on Sunday, citing people familiar with the plans.
According to the report, JPMorgan’s Digital Growth fund hopes to acquire 10 percent of Twitter for $450 million, valuing the company at $4.5 billion. Get the full story »
Nov. 3, 2010 at 5:39 p.m.
Filed under:
Autos,
IPOs
By Reuters
General Motors on Wednesday finalized terms for a stock offering of about $13 billion to repay a controversial taxpayer-funded bailout and reduce the U.S. Treasury to a minority shareholder.
GM’s filing with the U.S. Securities and Exchange Commission is the final step before it begins marketing what is expected to be one of the largest-ever IPOs. The investors are expected to span the globe and include sovereign wealth funds.
The automaker plans to sell 365 million common shares, or 24 percent of its common stock, at $26 to $29 each, raising about $10 billion at the midpoint, according to updated initial public offering papers filed with the SEC. Get the full story »