Friday, 17 August 2018

Reorganization of Bankrupt Applebee's Franchisee Could Include Existing Owner

Acon Investments, the buyout firm that owns a bankrupt Applebee’s franchisee, wants to recapitalize the restaurant operator while also leaving the door open for a new bidder to emerge in the chapter 11 proceedings, a lawyer for the franchisee said.

from WSJ.com: US Business https://ift.tt/2MSg4kK

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