Sovereign Bancorp Chief Executive Joseph Campanelli on Wednesday said he has talked with Dunkin’ Donuts leaders about striking an alliance that would allow the bank to put cash machines in Dunkin’ coffee and doughnut shops in the U.S. Northeast.
“Dunkin is an interesting profile,” Campanelli said at the Reuters Finance Summit in New York.“We’re looking and talking on how do we work together on those types of things.”
Sovereign later issued a statement to Reuters saying it was not in discussions “with Dunkin Donuts regarding ATMs or any other joint venture,” but declined to elaborate.
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