Last month, San Francisco-based Apple American Group acquired Southern Bells Inc., a franchise group of 76 restaurants — mostly Taco Bell but also some KFC and Pizza Hut units — in Indiana, Illinois and Kentucky. Terms of the deal, which closed Dec. 17, were not released. But Greg Flynn, chair and chief executive of what is now called Flynn Restaurant Group LLC, said the acquisition will bring about $97 million in revenue to the company, raising its annual systemwide revenues ...
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