Report: Friendly Ice Cream Corp. to file Ch. 11

Report: Friendly Ice Cream Corp. to file Ch. 11

This story has been updated to include a statement from Friendly Ice Cream Corp.

A report from The Wall Street Journal Thursday said Friendly Ice Cream Corp., the parent to the 500-unit Friendly’s family-dining chain, could seek Chapter 11 bankruptcy protection as early as next week, and hold an auction to sell the chain.

The report cited “people familiar

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