The Covid-19 pandemic hasn’t been friendly to Friendly’s. The restaurant chain announced Sunday that it has filed for Chapter 11 bankruptcy, according to a press release. The company has already entered into a sales agreement with Amici Partners Group, which invests in and runs eateries. The sale price is less than $2 million, Restaurant Business reported. The filing isn’t expected to dramatically affect the chain’s more than 130 locations, nearly all of which should remain
source https://therealdeal.com/2020/11/02/friendlys-files-for-bankruptcy-enters-sales-agreement/
No comments:
Post a Comment