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Bankruptcy Updates: Friendly’s Declares Bankruptcy, Gets Bought By Multi-Brand Owner; CPK And HopCat Deals

November 9, 2020
by The Ashton Report
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Written by The Ashton Report
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Three chains reorganized themselves through bankruptcy last week. Here are the details:   –Struggling Friendly’s, the venerable New England-based family dining and ice cream chain, declared bankruptcy for the second time in its long history and then sold to Brix Holdings affiliate Amici Partners group for less than $2 million. Brix also owns the Red…

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