OVERLAND PARK KAN. Applebee’s International Inc. as the casual-dinnerhouse giant, looking to improve its flagging fortunes, this month began studying strategic alternatives that it said could include a sale of the corporation or a large recapitalization. —All eyes are on While analysts and industry veterans digested the development, which was not entirely unexpected, many discounted the likelihood of an outright sale of the company. Instead, they said ...

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