Scout Capital Ups Stake In DineEquity To 6.7 Percent

Hedge fund, Scout Capital Management in its recent 13D filing disclosed that it has a 6.62 percent stake or 1,280,321 shares in the restaurant franchise operator DineEquity Inc (NYSE:DIN). This enhancement for Scout Capital represents a hike of 90.14 percent from the 673,353 shares held at the end of the last quarter ending December 31, 2012. DineEquity Inc (NYSE:DIN) is the owner of famous restaurants Applebee’s and IHOP. Scout Capital Management, L.L.C. serves as investment manager to Scout Capital Partners II, L.P. and Scout Capital Long Term, L.P. and the Cayman Islands exempted companies Scout Capital Master Fund, Ltd. and Scout…