Applebee’s Considers Sale

Applebee's International Inc. (Nasdaq:APPB) has retained Citigroup and Banc of America Securities to help explore strategic alternatives, including a possible recapitalization of sale of the company. The Overland Park, Kan.-based company franchises and operates nearly 2,000 restaurants under the Applebee's Neighborhood Grill & Bar brand. www.applebees.com