Max & Erma's buyer names Jeff Neely chain president

American Blue Ribbon Holdings, the new owner of Max & Erma’s Restaurants, on Wednesday named Jeff Neely concept president of the casual-dining chain.

ABRH, a subsidiary of Denver-based Fidelity Newport Holdings LLC, also said Wednesday that it had finalized its $28 million acquisition of the 78-unit Max & Erma's out of bankruptcy.

Neely comes to Max & Erma’s from Village Inn, which ABRH also purchased out of bankruptcy along with its sister chain Bakers S

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