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More Chain Bankruptcies And Merger News: Ruby Tuesday, Golden Corral Franchisee, CPK And More

Written by The Ashton Report

Casual dining operators, stressed for decades, are beginning to succumb to pandemic. Meanwhile, investors see opportunities during the maelstrom. Among the news the past couple weeks:   –Ruby Tuesday, Maryville, Tenn., founded in 1972, declared chapter 11 bankruptcy last week. The chain has been struggling for years, closing almost 300 units, including 185 stores since…

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