OVERLAND PARK, Kan. Shareholders of Applebee’s International Inc. elected activist investor Richard C. Breeden to the company’s board of directors during their annual meeting on Friday, Applebee’s said in a statement. Officials also...
LOS ANGELES California Pizza Kitchen Inc. said Wednesday its board of directors approved a three-for-two stock split to be distributed as a 50-percent stock dividend to shareholders of record as of June 11. California Pizza Kitchen...
TAMPA Fla. The private-equity suitors attempting to buy Outback Steakhouse parent OSI Restaurant Partners Inc. sweetened their offer Tuesday morning to $41.15 per share, from the original $40, hoping to sway public shareholders who have held out...
CARROLLTON Texas T.G.I. Friday's restaurants today unveiled its new limited-time-offer summer beverage program, which features "Fresh 'Ritas" margaritas through Sept. 3. The drink is served in glassware that customers can purchase for $3 when they...
NEW YORK Daniel Boulud has signed an agreement with MDM Development Group of Miami to open a location of his DB Bistro concept in that city. —Award-winning chef-entrepreneur The...
OVERLAND PARK Kan. Applebee's International Inc. has switched to zero trans-fat frying oil in its 1,800-plus U.S. units and said it is "only weeks away" from changing to zero trans-fat pan and grill oil. The new frying oil is a blend of two...
TAMPA Fla. For the second time in two weeks, Outback Steakhouse parent OSI Restaurant Partners Inc. has postponed a special shareholder meeting to solicit more votes on the proposed $3.2 billion buyout of the company, leaving the casual restaurant...
CARROLLTON Texas T.G.I. Friday's is adding a former promotional salad to its "Right Portion, Right Price" menu, which it introduced earlier this year. The company is bringing back its Strawberry Fields Salad with Chicken...
LOS ANGELES California Pizza Kitchen Inc. reported a 21.9-percent, year-over-year drop in first-quarter profit, on increased labor and other costs that offset a revenue gain of 15.2 percent, to $149.4 million. The parent company to the 212...
