GLENDALE Calif. Applebeeâ€™s Neighborhood Grill & Bar parent DineEquity Inc. has completed the sale and leaseback of 181 locations in a transaction that generated about $296 million in after-tax cash proceeds, excluding about $5 million in transaction costs, officials said Tuesday. Company officials previously had planned to sell and leaseback 191 restaurants with the goal of raising $350 million, but they said a lump transaction might not be possible because of weakened market ...
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 NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?