UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) March 25, 2003
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Commission File Number: 000-17962
Applebee's International, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 43-1461763
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
4551 W. 107th Street, Suite 100, Overland Park, Kansas 66207
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(Address of principal executive offices and zip code)
(913) 967-4000
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(Registrant's telephone number, including area code)
None
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(Former name or former address, if changed since last report)
Item 5. Other Events
On March 25, 2003, Applebee's International, Inc. (the "Company") issued a
press release entitled "Applebee's International Completes Acquisition of 11
Franchise Restaurants." The press release is included below.
FOR IMMEDIATE RELEASE
Contact: Carol DiRaimo,
Executive Director of Investor Relations
(913) 967-4109
APPLEBEE'S INTERNATIONAL COMPLETES
ACQUISITION OF 11 FRANCHISE RESTAURANTS
OVERLAND PARK, KAN., March 25, 2003 -- Applebee's International, Inc.
(Nasdaq:APPB) reported today that the previously announced acquisition of 11
franchise restaurants located in Illinois, Indiana, Kentucky and Missouri was
completed effective March 24, 2003.
The total purchase price was $23.2 million, including the assumption of an
existing loan in the amount of $1.5 million. The acquisition of these
restaurants brings the number of company-owned restaurants to approximately 25
percent of the system total.
Applebee's International, Inc., headquartered in Overland Park, Kan., develops,
franchises and operates restaurants under the Applebee's Neighborhood Grill &
Bar brand, the largest casual dining concept in the world. There are currently
1,513 Applebee's restaurants operating system-wide in 49 states and nine
international countries. Additional information on Applebee's International can
be found at the company's website (www.applebees.com).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
APPLEBEE'S INTERNATIONAL, INC.
(Registrant)
Date: March 25, 2003 By:/s/ Steven K. Lumpkin
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Steven K. Lumpkin
Executive Vice President and
Chief Financial Officer
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