Rock Bottom cuts support staff, delays refinancing

LOUISVILLE Colo. Rock Bottom Restaurants Inc. said it laid off 19 percent of its support staff last week and is postponing a recapitalization because of prevailing economic conditions.

Last year the casual-dining company hired the investment banking firm Piper Jaffray & Co. to explore a possible exit strategy for founder Frank Day and other investors. The decision was based on Rock Bottom’s financial health and plans for future growth, officials said at the ti

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