IHOP To Buy Applebees Chain For $1.9 Billion

ELGIN, IL - JULY 16: IHOP and Applebee's restaurants sit next door to each other 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)
IHOP To Buy Applebees Chain For $1.9 Billion