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Krispy Kreme Sells Remaining Stake in Insomnia Cookies
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Krispy Kreme Sells Remaining Stake in Insomnia Cookies
Jun 10, 2025 1:57 PM

04:40 PM EDT, 06/10/2025 (MT Newswires) -- Krispy Kreme (DNUT) said late Tuesday it has sold its remaining stake in Insomnia Cookies Holdings to the cookie company and some existing shareholders.

The transaction brought in $75 million in proceeds, which the company said will be used for debt pay down.

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