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GS Capital To Buy Apple American
GS Capital Partners, the private equity unit of Goldman Sachs, is likely to acquire Apple American Group.
GS Capital Partners, the private equity unit of Goldman Sachs, is likely to acquire Apple American Group,The Wall Street Journalreports. Weston Presidio is selling the franchisee ofApplebee’s Neighborhood Grill and Barrestaurants in the U.S.
The financial terms of the proposed deal have not been disclosed. GS Capital previously owned Apple American but sold it to Weston Presidio in 2005 for an undisclosed amount.
Click here for the story fromThe Wall Street Journal.