IHOP to Buy Applebee's for $1.9B
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IHOP announced on Monday that they have agreed to purchase Applebee's, known for its 'Half-and-Half Happy Hour,' for $1.9 billion in cash. By 2010, they plan to sell 500 of the company-owned Applebee's and turn it primarily into a franchiser. IHOP curr...
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The company said it is selling the unit to Standard Chartered for nearly $1.1 billion so it can focus on its core credit card business.
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Guitar Center Inc., the largest U.S. musical instrument retailer, said Wednesday its board had accepted a $1.9 billion cash buyout offer from a private equity firm.
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Apple will offer a $100 store credit to people who bought the iPhone before the company slashed the price by $200, the companyâs chief executive, Steven P. Jobs, said.
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Pancake restaurant IHOP Corp.  plans to buy Applebee's International Inc.  for $25.50 per share, the companies said on Monday.
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US buyout specialist Kohlberg Kravis Roberts is buying Masonite International (MHM.TO: Quote, Profile, Research) (MHM.N: Quote, Profile, Research) , a Canadian-based maker of building products, in an all-cash deal worth C$3.1
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The all-cash offer for the struggling bar-and-grill chain represents a 4.6 percent premium to Applebeeâs closing price on Friday, the companies said.
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Applebee&#39;s International Inc. (APPB.O: Quote, Profile, Research) shares fell more than 4 percent on Wednesday after the restaurant company reported weak August sales and said it
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U.S.-based Kraft Foods Inc. , the  world's second-largest food company, has paid around 575  million pounds ($1.1 billion) to acquire a part of Britain's  United Biscuits (UB), the Financial Times reported on Monday.
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Here's a sneaky way to invest in a grade-A retailer.
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Restaurant chain Applebee&#39;s International Inc. (APPB.O: Quote, Profile, Research) on Thursday said there was room for at least 3,000 of its namesake restaurants in
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Food distributor Performance Food Group said it agreed to be acquired by Blackstone Group and Wellspring Capital Management for about $1.3 billion in cash.
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Johnson &amp; Johnson (JNJ.N: Quote, Profile, Research) will buy Guidant Corp. (GDT.N: Quote, Profile, Research) for $23.9 billion in cash and stock, giving the health-care products
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Wm. Wrigley Jr. Co. WWY.N is buying  the Life Savers and Altoids candy and mint businesses from  Kraft Foods Inc. KFT.N for $1.48 billion, the companies said  on Monday.
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IHOP Corp. , which operates a chain of pancake restaurants, plans to buy Applebee's International Inc.  for $25.50 per share in cash, the companies said on Monday.
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British cigarette maker Imperial Tobacco said it would buy Commonwealth Brands, the fourth biggest player in the United States, for 1.9 billion dollars (1.46 billion euros).
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Pinnacle Foods Corp., the maker of Duncan Hines baking mixes, Vlasic pickles and Aunt Jemima breakfast foods, has agreed to be bought by private equity firm Blackstone Group  for $1.2 billion, Pinnacle said on Monday.