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(Applebee’s) which became a wholly-owned subsidiary of the company. The IHOP Corp 10K is larger than in years past due to this acquisition. The primary reason for the Applebee's acquisition was to add a growth vehicle in the casual dining segment of the restaurant industry. IHOP Corp. attribute the goodwill associated with the transaction to the long-term historical performance and the anticipated future performance of Applebee's. IHOP and Applebee’s combined has one of the largest full-service restaurant companies in the world.
IHOP Corp. develops franchises and operates IHOP restaurants, a well known family restaurant chain...
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