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Dine Brands Global Inc. is a publicly traded food and beverage company based in Pasadena, California. Founded in 1958 as IHOP, it operates franchised and corporate owned full-service restaurants including three restaurant concepts, Applebee's Neighborhood Grill & Bar, International House of Pancakes (IHOP), and Fuzzy's Taco Shop.
On July 16, 2007, IHOP Corporation announced a plan to acquire the bar-and-grill chain Applebee's in an all-cash transaction, valued at approximately US$2.1 billion. [10] In the arrangement, Applebee's stock holders would receive $25.50 a share. [10] IHOP stated it would franchise most of Applebee's 500 company-owned facilities.
As for IHOP, Peyton sees the brand as a market leader with a track record of growth, noting that 46 new U.S. locations opened last year. Show comments. Advertisement. Advertisement.
Julia A. Stewart (born August 4, 1955) is an American businesswoman and former chief executive of DineEquity, Inc., now known as Dine Brands Global Inc., a publicly traded food and beverage company based in Pasadena, California.
Standalone IHOP and Applebee’s locations will continue to play an important role in the company’s growth strategy. Per NBC News , Dine Brands will be opening 25 new restaurants with enhanced ...
March 6, 2024 at 4:53 PM. ... While Dine Brands added a net 33 IHOP restaurants domestically in 2023, the company closed 46 Applebee’s locations and only opened 10 new ones, according to the ...
Dine Brands, which owns the two restaurants, announced that the combined Applebee’s-IHOP restaurant will open approximately 35 miles west of San Antonio early next year, marking the first time ...
Stephen P. Joyce (born c. 1961) is an American businessman. He was the chief executive officer of Dine Brands Global, the operator of IHOP and Applebee's franchises. He is CEO of Re/Max International.