(Reuters) - The Bloomberg News report, citing people familiar with the
matter, said IHOP's move came in the second round of bidding
for Applebee's, which put itself up for sale earlier this year.
The sources did not know the value of the offer and said there
could be other bidders, Bloomberg reported.
Officials at both Applebee's and IHOP said they would not
comment on rumors or speculation.
Read more at Reuters.com Mergers News
matter, said IHOP's move came in the second round of bidding
for Applebee's, which put itself up for sale earlier this year.
The sources did not know the value of the offer and said there
could be other bidders, Bloomberg reported.
Officials at both Applebee's and IHOP said they would not
comment on rumors or speculation.
Read more at Reuters.com Mergers News
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