Applebee’s owners OK sale to IHOP, paving way for turnaround plans

Applebee’s owners OK sale to IHOP, paving way for turnaround plans

OVERLAND PARK KAN. IHOP Corp., setting the stage for the pancake specialist to begin its aggressive turnaround plan for the beleaguered casual-dining chain. —At a somber and sparsely attended meeting here Oct. 30, Applebee’s International Inc. shareholders voted by a wide margin to approve a $2.3 billion buyout of the company by

The merged companies, whose chains woul

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