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Source: CNBC, 6/22/21
Krispy Kreme is looking to raise between $560 million to $640 million through an initial public offering this year, according to regulatory filings from Tuesday. The doughnut chain first went public 21 years ago during the dotcom bubble. In 2016, JAB Holding, the investment arm of the Reimann family, took Krispy Kreme private after buying it for $1.35 billion. JAB owns a number of other restaurant businesses, including Panera Bread and Caribou Coffee. For more of this story, click here.
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