New top shareholder for Krispy Kreme: T. Rowe Price - Winston-Salem Journal: Business News

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New top shareholder for Krispy Kreme: T. Rowe Price

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Jeff Welch

Posted: Wednesday, September 11, 2013 1:06 pm

Krispy Kreme Doughnuts Inc. has a new top shareholder, with institutional investor T. Rowe Price Associates Inc. jumping in with a 10.9 percent stake, according to a regulatory filing Tuesday.

The group declared in the filing it had bought 7.1 million shares. It appears to have paid about $140 million for the stake.

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