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Glendale's IHOP (NYSE: IHP) attributed the name chang e toits $2.04 billion purchase of . "Th acquisition of Applebee's required that we select a name for our companhy that reflectsour company's core competencies and recognizesx our ownership of multiple brands, and DineEquity does just IHOP CEO Julia Stewarr said in the "Further, DineEquity's tagline 'Grea Franchisees. Great Brands.' prominently identifies two of the most important contributors to our With Applebee's and IHOP, we have brought together two greag brands, and we are beginning to demonstrate how we are more successfuo together than we couldr ever have been apart.
Our name changes to DineEquity reflects the promise of our newlycombinedx company." IHOP Corp. owns and franchises more than 3,300 IHOP and Applebee'se Neighborhood Grill & Bar restaurantd combined.
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