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A restaurant ownership group owned by members of the Schostak family is set to acquire 65 company-operated Applebee's restaurants throughout Michigan.
The acquisition will be made by TSFR Apple Venture LLC, controlled by the Schostak family, which also owns Livonia-based Schostak Restaurant Services Co., which also uses the assumed name Team Schostak Family Restaurants.
TSFR is acquiring the restaurants from Glendale, CA-based...