â€śChange will come. Itâ€™s only a matter of who brings it.â€ťâ€”Richard C. Breeden, hedge fund manager, Applebeeâ€™s stake-holder, former SEC chairmanFor more than two years, the restaurant industry has witnessed and been affected by the heightened activity of a new breed of â€śactivist investors.â€ť Those activistsâ€”often the heads of private-equity firms or hedge fundsâ€”are confident, vocal and sometimes larger than the companies they target. They also have successfully forced change at some ...
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