Buffets landlord proposes taking over Ryan’s restaurants

NEW YORK An affiliate of Fortress Investment Group has offered to take over the operations of 127 Ryan’s and Fire Mountain restaurants from Buffets Holdings Inc., which filed for Chapter 11 bankruptcy protection in January, a Fortress spokesman said. Fortress, which owns the master lease for the units, made the offer in a motion filed in U.S. Bankruptcy Court for the District of Delaware.

Buffets, however, recently asked the court for permission to reject the ma

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