Barington Capital Group LP.(FINANCIAL BRIEFS)(Lone Star Steakhouse and Saloon Inc.)(Breeden Partners LP acquires Applebee's International Inc.)

NEW YORK -- BARINGTON CAPITAL GROUP LP, the 9.5-percent stakeholder in LONE STAR STEAKHOUSE & SALOON INC. that had opposed its pending buyout as being undervalued, said Monday it would now vote in favor of the $585-million-plus acquisition by Dallas-based LONE STAR FUNDS. Barington said it changed after reviewing nonpublic information about the restaurant operator and its most recent same-store sales results, including a 13.2-percent decline at namesake units for the eight weeks ended Nov. 28. Wichita, Kan.-based Lone Star is operator or franchisor of 278 restaurants, including the Texas Land & Cattle, Del Frisco's Double Eagle Steak House and Sullivan's Steakhouse chains. A …