Darden says Applebee's is not in its sights

CHICAGO Darden Restaurants Inc. has ruled out Applebee's and other bar-and-grill concepts as potential acquisition targets because the segment is already overcrowded, according to a Reuters report.

Speaking Tuesday at the Reuters Food Summit here, Darden's president and chief operating officer Drew Madsen fielded questions about the casual-dining giant's earlier indications that it may seek to expand through acquisitions. said the company was "not really

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