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The Wall Street Journal reports that Dunkin’ Donuts hopes to be running on cash, and plenty of it.

According to the story, “the initial public offering of Dunkin' Brands Group Inc. was priced at $19 a share, raising $427.5 million. The franchise-centric company, which houses both the Dunkin' Donuts and Baskin-Robbins chains, plans to use the funds to pay down debt and move beyond its Northeastern roots. Though Dunkin' doesn't have the same level of brand recognition as McDonald's or Starbucks Corp., the company also hasn't penetrated the western U.S. or other parts of the country as deeply, giving it more opportunity to expand. And it's there that it hopes to give both rivals a run for their money among caffeine cravers.”
KC's View:
Experts seem to think that while Dunkin’ Donuts could take a bit of Starbuck’s business, the bigger battle is between Dunkin’ and McDonald’s. But I suspect that DD is looking to eat away at both...