DineEquity, Inc.

DineEquity, Inc. owns, operates and franchises two restaurants in the casual dining and family dining categories of the restaurant industry: Applebee's Neighborhood Grill & Bar and IHOP. The company operates through four segments: Franchise, Restaurant, Rental and Financing Operations. The Franchise operations segment consists of restaurants operated by Applebee's franchisees and The International House of Pancakes in the U.S. The Restaurant operations segment operates restaurants reacquired from franchisees. The Rental Operations segment includes direct financing leases. The Financing Operations segment leases equipment and refranchises restaurants. The company was founded by Jerry Lapin, Al Lapin Jr. and Albert Kallis on July 7, 1958 and is headquartered in Glendale, CA.