OVERLAND PARK, KAN. Applebeeā€™s 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 directorsā€”a move that one analyst said could clear the way for a sale of the casualdining giant. ā€”After reaching an agreement late last month with Breedenā€™s hedge fund, Breeden Capital Management LLC, which holds a 5.4-percent stake in Applebeeā€™s, the restaurant company said it had ...

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