Macro Finance
Applebee’s Owner Adopts Poison Pill to Fend off Hostile Takeover
Bloomberg Markets·October 29, 2026·1 min read
Dine Brands Global Inc., owner of Applebee's, has adopted a poison pill to fend off a hostile takeover bid from investment firms Cobblers Cove Capital and Arkhouse Management. The defensive measure aims to protect the company from an unwanted acquisition, giving shareholders more time to evaluate the offer.
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