"Get your facts first, and then you can distort them as much as you please." (Mark Twain)
Friday, December 09, 2005
The Carlyle Group is among the final bidders for the Dunkin' Donuts and Baskin-Robbins restaurant chains, in what would be the first U.S. consumer retail investment for a company built around its expertise in defense, aerospace and telecommunications.
Carlyle has been eyeing Dunkin' Brands Inc. since this summer and has joined with Thomas H. Lee Partners LP and Bain Capital LLC, both of Boston, to submit a bid for the French-owned food chains, according to two sources familiar with the bid who spoke on condition of anonymity because the bidding process is supposed to remain private.
My first question: In what sense of the words may Dunkin' Donuts and Baskin-Robbins be called "restaurant chains?" Sure, their product are, technically, edible - but by that standard, this is practically a vegetable. Second - is anyone else surprised to learn that a solid American icon like Dunkin' Donuts is currently under French ownership?
Anyway, for more about the Carlyle Group (including its association with the Bush and bin Laden families, and its general evil-ness), start here. For an explanation of the title to this post - which I have been dying for an opportunity to use, literally since I started blogging - look here.
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