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NPC And Steak ‘N Shake Unit Closures And Three Smaller Multiunit Chains Declare Chapter 11

Written by The Ashton Report

The financial reorganizations continue, with two big chain operators closing stores and three chains—a fast casual and two casual-dining multiunit operators—declaring Chapter 11 and closing units:   –Giant Pizza Hut and Wendy’s franchisee NPC Intl.  has made an agreement with Pizza Hut and federal bankruptcy court that will allow the company, now working through reorganization,…

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