The largest Applebee’s franchisee, Apple American Group, is acquiring an additional 99 locations of the casual-dining chain from a Poland-based franchise group, AmRest Holdings, for a total of $94.8 million. Last week, the companies closed a deal on 97 of the restaurants for $91.6 million. In addition, AmRest said in public findings that it expects to sell two more restaurants to Apple American for another $3.2 million in a transaction that's still ...
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Contact: Desiree Torres Desiree.Torres@penton.com