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) October 8, 2002
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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)
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Item 5. Other Events
On October 8, 2002, Applebee's International, Inc. (the "Company") issued a
press release entitled "Applebee's International Receives Approval to Acquire 21
Franchise Restaurants." The press release contained the following information.
FOR IMMEDIATE RELEASE
Contact: Carol DiRaimo,
Director of Investor Relations
(913) 967-4109
APPLEBEE'S INTERNATIONAL RECEIVES APPROVAL
TO ACQUIRE 21 FRANCHISE RESTAURANTS
OVERLAND PARK, KAN., October 8, 2002 -- Applebee's International, Inc.
(Nasdaq:APPB) announced today that the Bankruptcy Court for the Southern
District of Florida has entered an order approving the sale of 21 franchise
restaurants located in the Washington, D.C. area operated by Apple Capitol
Group, LLC to Applebee's International. Applebee's International expects to
close under its previously negotiated purchase agreement to acquire the
restaurants in the fourth quarter of 2002, subject to obtaining operating
licenses and other third-party consents. Under the terms of the purchase
agreement and an agreement entered into with one of Apple Capitol's secured
lenders, the total cost will be $34.3 million, subject to adjustment.
Applebee's International, Inc., headquartered in Overland Park, Kan., develops,
franchises and operates restaurants under the Applebee's Neighborhood Grill and
Bar brand, the largest casual dining concept in the world. There are currently
1,461 Applebee's restaurants operating system-wide in 49 states and eight
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: October 8, 2002 By: /s/ Steven K. Lumpkin
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Steven K. Lumpkin
Executive Vice President and
Chief Financial Officer
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