(Reuters) - CHICAGO, April 26 - Applebee's International Inc. , which has been under pressure from activist investors to increase shareholder value, said on Thursday it has received several preliminary nonbinding proposals to buy the casual dining chain operator.
The company also said it has agreed to appoint former Securities and Exchange Commission Chairman Richard Breeden and another Breeden Capital Management LLC nominee to its board of directors in a settlement of a proxy fight over board seats.
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