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Applebee’s Owner Adopts Poison Pill to Fend off Hostile Takeover

· bloomberg.com · popularity 47/100 · 0 similar stories today · Business Strategy & Management (Business & Finance)

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Summary

Applebee’s parent Dine Brands Global Inc. has adopted a poison pill to fend off a takeover bid from the investment firms Cobblers Cove Capital and Arkhouse Management.

Found in: Bloomberg, Bloomberg Markets. Rating basis: single outlet; outlet tier 5; 2 feeds; listed 2 times; feed position 6.