OVERLAND PARK, KAN. Applebeeās International Inc. has defused a looming proxy battle with dissident shareholder Richard C. Breeden by giving him and one of his nominees seats on its board of directorsāa move that one analyst said could clear the way for a sale of the casualdining giant. āAfter reaching an agreement late last month with Breedenās hedge fund, Breeden Capital Management LLC, which holds a 5.4-percent stake in Applebeeās, the restaurant company said it had ...
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