I’m No Business Writer, But I Loves Me Some Pancakes
Glucose distributor IHOP Corp. announced the acquisition of Lenexa-based trans-fat giant Applebee’s International for $2.1 billion blah blah market cap business writing pie chart of my butt. If I’d ever given it any thought, I might have imagined IHOP headquarters as a brown one-story building staffed by ex-convicts and pregnant teenagers, but they’re apparently a lot more like the Nakatomi Corporation with a fancy acquisition division, helicopter pads and an electromagnetically sealed vault full of bearer bonds. I mean, a $2.1 billion budget line item? Wow.