In tomorrow’s highly anticipated initial public offering, the company will look to raise more than $400 million through sale of shares when it lists on the Nasdaq (NASDAQ:NDAQ), trading under the ticker symbol (DNKN). Dunkin’ will sell 22.3 million shares, currently priced at $16-18 per share, giving the company a market value of $2.15 billion, or 3.6 times trailing 12-month sales.
Dunkin' Brands (DNKN.O) has raised $422.75 million after pricing its IPO at $19 per share, well above the range set by underwriters, signaling strong demand for this week's biggest deal.
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