OVERLAND PARK Kan. The merger agreement between Applebeeās International Inc. and its pending acquirer, IHOP Corp., calls for Applebeeās to pay IHOP $60 million should it back out of the deal, according to a Wednesday night filing with the Securities & Exchange Commission. The pending $2.1 billion transaction, in which IHOP would purchase Applebeeās for $25.50 per share, is subject to approval by Applebeeās shareholders, customary closing conditions and regulatory authorizations. A ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!