UPDATE: Krispy Kreme reportedly gets $500M bid from surprising source

WINSTON-SALEM N.C. A 23-year-old North Carolina man who reportedly has multiple aliases and legal troubles is said to be behind the $7.25-per-share buyout offer made Sunday to Krispy Kreme Doughnuts Inc.

The Winston-Salem Journal reported on Monday that Krispy Kreme had received an unsolicited $500 million buyout offer from MGL Asset Management Group LLC, a private-equity firm led by asset manager Dee Guess.

In a follow-up story on Tuesday, the Jour

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