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Article: Dunkin' Donuts revises donut shop support organization; adopts ESOP and amendment to shareholders rights plan.
- Article from:
- PR Newswire
- Article date:
- April 20, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DUNKIN' DONUTS REVISES DONUT SHOP SUPPORT ORGANIZATION;
ADOPTS ESOP AND AMENDMENT TO SHAREHOLDERS RIGHTS PLAN
RANDOLPH, Mass., April 20 /PRNewswire/ -- Dunkin' Donuts Incorporated (NASDAQ: DUNK) announced today a revamping and consolidation of its donut shop support organization to facilitate the implementation of its principal donut shop strategy -- expanded donut distribution through territorial licensing, convenience stores, satellites and other non-standard outlets. The company will consolidate its donut shop operations and development organizations and will reduce its work force by approximately 80 employees, representing 14 percent of its ...