Dunkin’ Donuts Rejects Offer: Dunkin’ Donuts said...

Dunkin’ Donuts Rejects Offer: Dunkin’ Donuts said it has rejected a $45-a-share bid from a Canadian partnership seeking to take over the company by means of a $308-million merger. Chairman and Chief Executive Robert M. Rosenberg said in a news release that the offer by D D Acquisition Corp. “does not reflect the maximum value achievable” for stockholders and that the Massachusetts-based chain’s advisers are exploring alternatives, including remaining independent or a possible sale. D D Acquisition is a partnership between Cara Operations Ltd., a restaurant franchise company, and Kingsbridge Capital Group, the merchant banking arm of Toronto investor George Mann’s Unicorp Canada Corp.