|
|
On July 20, 2018, Krispy Kreme and Insomnia Cookies announced an agreement stating that Krispy Kreme would acquire a giant stake in Insomnia Cookies, according to a press release. The terms of the transaction weren't entirely disclosed, and Insomnia Cookies will continue operating as its own, standalone company when the deal officially closes in the fourth quarter 2018, according to a press release from both brands. But that doesn't necessarily mean there won't be any doughnuts sold at Insomnia restaurants, or that there won't be any warm, delicious late-night cookies offered at the Krispy Kreme counter - at least, not yet.
|
