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July 17, 2007

The morning papers, reviewed

-- From Bloomberg:

Ihop Corp., the biggest US pancake-house chain, agreed to buy Applebee's International Inc. for $1.9 billion in cash, and plans to sell restaurants to franchisees to reduce costs and debt.

Shares of Tums doubled following the announcement.

-- From U.S. News & World Report:

Reid Plans Iraq Sleepover

We'll play Twister, demand sharp troop reductions, do each other's hair ....

-- From the Associated Press:

Many economists argue that size does matter, because height is correlated with numerous measures of a population's well-being. Tall people are healthier, wealthier and live longer than short people. Some researchers have even suggested that tall people are more intelligent.

Yeah, but we don't have to duck under doorways. Take that.

Posted by teb at July 17, 2007 12:16 PM

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