Buffets Inc. exits Ch. 11 bankruptcy

Buffets Inc. exits Ch. 11 bankruptcy

Buffets Inc. Thursday said it had completed the financial restructuring of its multichain enterprise and emerged from Chapter 11 reorganization, six months after its pre-negotiated filing on January 18.

The parent of the HomeTown Buffet, Old Country Buffet, Ryan’s Grill, Buffet & Bakery, Fire Mountain and Tahoe Joe chains entered bankruptcy with 494 restaurants and exited with 357. The reorganization eliminated all out

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