Granite City hires restructuring firm

MINNEAPOLIS Struggling Granite City Food & Brewery Ltd., warned Friday that if it cannot win concessions from equipment lessors, landlords and other creditors, it “may be forced to curtail or reduce the scale of our operations.”

Steven J. Wagenheim, chief executive of the company with 26 casual-dining restaurants in 11 states, said his company has hired MorrisAnderson of Chicago to help it restructure its debt.

Last month, Granite City reported

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish