Could there be any truth to Bloomberg rumors of KKD being a major takeover target? Could it be DNKN?
Headline: Krispy Kreme Surging 26% as Hot Sales Spur Takeover Talk
Which of the following are possibly most interested in acquiring the resurgent Krispy Kreme?
Could it be Starbucks, Dunkin Donuts, McDonalds, Tim Hortons?
"Could it be Starbucks, Dunkin Donuts, McDonalds, Tim Hortons?"
If the rumor is true - and most are not - it would likely be somebody from outside the space or a foriegn entity eager to gain a foothold in the US market as we saw with the Peets deal.
Sentiment: Strong Buy
That seems reasonable.
But keep in mind...KKD has MORE international locations than domestic locations!!
They are already an International Brand.
They seem to have tremendous opportunities both Domestically and Internationally.