(Reuters) - The all-cash deal, which represents a 4.6 percent premium to Applebee's closing price on Friday, is worth about $1.9 billion, based on the company's 75,072,000 shares outstanding as of April 1.
A source close to the deal said it included about $155 million in debt, bringing the total value to $2.1 billion, the figure cited by the companies.
Read more at Reuters.com Mergers News
A source close to the deal said it included about $155 million in debt, bringing the total value to $2.1 billion, the figure cited by the companies.
Read more at Reuters.com Mergers News
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