IHOP Corp. chairman and chief executive Julia A. Stewart is poised to lead the country’s largest casual-dining brand, Applebee’s Neighborhood Grill & Bar, with her company’s pending $2.1 billion purchase of the chain’s Overland Park, Kan.-based parent. If the acquisition is consummated, Stewart would lead a combined company that operates or franchises 3,262 restaurants and posts systemwide sales of $6.8 billion, making it one of the largest restaurant companies in the industry. ...
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Contact: Desiree Torres Desiree.Torres@penton.com