OVERLAND PARK Kan. Five of the 14 directors at Applebee’s International Inc. plan to cast votes representing a 5 percent collective stake in the company against the pending $2.1 billion buyout proposal from pancake specialist IHOP Corp. because of concerns about the valuation, according to proxy materials filed late Thursday with securities regulators. The filing also revealed that the dissenting group, including chief executive David Goebel, chairman Lloyd Hill and former chief ...
It’s free but we need to know a little about you to continually improve our content.
Why Register?
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!