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DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP restaurants, today announced the implementation of a strategic plan designed to accelerate growth in its core brands and speed development of traditional and non-traditional locations.

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday September 3, 2015:

AOL to Acquire Millenial Media for $1.75/Share

The Deal:

The Kraft Heinz Company is expanding the voluntary recall of select code dates and manufacturing codes of individually-wrapped American slices due to the possibility that a thin strip of the individual packaging film may remain adhered to the slice after the wrapper has been removed. If the film sticks to the slice and is not removed, it could potentially cause a choking hazard.

Shares of Infoblox Inc (NYSE: BLOX) jumped over 8 percent in after-hours trading after the company reported better-than-expected results for its fiscal fourth quarter.

Presbia PLC (NASDAQ: LENS), an ophthalmic device company and leader in near vision restoration announced that it has scheduled the remaining treatments for completing the second stage enrollment of its U.S. Food and Drug Administration (FDA) pivotal study, a significant milestone in the FDA approval process of its Presbia Flexivue Microlens™.

Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced the acquisition of a newly constructed 346-unit Class A multifamily community in Orlando, Florida called Citilakes Lux Apartments.

"On September 2, 2015, and September 3, 2015, a hedge fund (acting with affiliated entities and individuals and proceeding under the name of the Coalition for Affordable Drugs) filed four separate inter partes review (IPR) petitions with the U.S. Patent and Trademark Office, challenging U.S. Patent Nos.

VeriFone Systems Inc (NYSE: PAY) reported better-than-expected results for its fiscal third quarter, but the company issued a weak forecast.

PPL Electric Utilities and the advocates and interest groups who intervened in the company's rate proceeding have reached a settlement that would increase delivery rates and help fund additional reliability improvements.