If IHOP buys Applebees restaurants what will happen to my Applebee stocks?

Answer 1

I understand it is an all cash deal. You will get $25.50 for each APPB share. Usually with mergers you would get share of IHOP. This way the money should be sitting in your account. The transfer date was not in the press release but it is probably just waiting for regulatory approval.

Answer 2

I believe IHOP is offering Applebees an all cash deal. Meaning they are buying your stocks. You wont have any applebee stocks you get a check in the mail.

Its not a stock transfer, they are just paying off all of the stocks. Clearly the stock members have a right to vote but majority rules. You will just get a check to pay off your applebee stock. I think they offered around 26 bucks a stock. You wont have stock in IHOP you are just getting paid for your stock.

Answer 3

A couple things could happen.

If IHOP is not publicly traded, then you own the same amount of applebees.

If IHOP is publicly traded, then applebee shares will trade into IHOP shares at a certain ratio, like 3 applebees gets 1 IHOP or vice versa.

I don't think IHOP is publicly traded, but I haven't done any due diligence on it.

Answer 4

I think you then get stocks of the combined company...or else IHOP will have to buy out your stocks!

Take care!

Answer 5

if the deal goes through -- look for a check in the mail -- not knowing how much stock you have you might want to check with your tax adviser after you receive your check and see if you will need to send in an estimate income payment.

Answer 6

Sell your stocks now! Invest waffles, delicious Eggo waffles. You will see your investment sky rocket. That's what my broker friends are telling me. We'll be millionaires.

Answer 7

go to the place where you bought your stocks and ask.

i'm not really sure how this stuff works, so my answer might be completely stupid.