UPDATE: Bennigan’s franchisees eyeing co. stores

NEW YORK Bennigan’s franchisees are looking at buying and reopening 30 to 50 of the company-owned units shuttered July 29 when parent S&A Restaurant Corp. filed for Chapter 7 bankruptcy.

Rob Carringer, a managing partner of CRG Partners Group LLC, which is helping the franchisees during the restructuring, said Atalaya Capital Management LP had taken over the brand and had hired 14 employees to oversee such operations as marketing and information technology.

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