WINSTON-SALEM N.C. Krispy Kreme Doughnuts Inc. reportedly received on Sunday night a $500 million unsolicited, and some say questionable, buyout offer from a private-equity group. The news sent Krispy Kreme’s stock surging as high as 12 percent on Tuesday. The Winston-Salem Journal reported Monday that it had received a statement from MGL Asset Management Group LLC, a private-equity group based in Charlotte, N.C., that said the firm had sent via fax a $7.25-per-share buyout offer to ...
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Contact: Desiree Torres Desiree.Torres@penton.com