Applebee’s Owner Adopts Poison Pill to Fend off Hostile Takeover
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.
By Matt Monks · Bloomberg Markets
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.