IHOP To Buy Applebees Chain For $1.9 Billion
ELGIN, IL - JULY 16: Waitresses Gretchen Boren (L) and Michelle Enright wait on customers at an IHOP restaurant July 16, 2007 in Elgin, Illinois. IHOP Corp. has agreed to purchase Applebee's International Inc. for about $2 billion. (Photo by Scott Olson/Getty Images)

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Credit: Scott Olson / Staff
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July 16, 2007
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