Applebee's International Announces Breeden Capital Refuses Company's Offer of Two Board Seats.

Business WireMarch 09, 2007

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Applebee's International Announces Breeden Capital Refuses Company's Offer of Two Board Seats.

OVERLAND PARK, Kan. -- Applebee's International, Inc. (Nasdaq:APPB) today announced that negotiations with activist hedge fund Breeden Capital have failed to produce an agreement after Breeden rejected the company's offer of two board seats.

Breeden Capital,...

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