Round Table Pizza to exit Ch. 11

Round Table Pizza to exit Ch. 11

Round Table Pizza is expected to emerge from bankruptcy this month following approval of a reorganization plan that leaves the full-service pizza chain in the hands of its employees.

Concord, Calif.-based Round Table Pizza, which has been 100-percent employee owned for more than two decades, filed Chapter 11 in February, saying the recession left the company unable to meet or renegotiate terms on a 2007 credit facility.

Late last week, however, a bankruptcy judge in Northe

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