Majority stake in Applebee's franchisee sold

GLENDALE Calif. AppleGrove Restaurants, the second-largest franchisee of Applebee’s Neighborhood Grill & Bar, has been acquired by a Poland-based group that operates more than 270 restaurants in seven countries, officials said Monday. Terms were not disclosed.

AppleGrove, based in Atlanta, which operates more than 100 Applebee’s locations in eight states, sold an 80-percent stake to a subsidiary of AmRest Holdings N.V., based in Wroclaw, Poland.

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