All Posts Tagged Tag: ‘Quiznos Chapter 11’

Quiznos Bankruptcy Filed Days After Sbarro

Quiznos announced Friday the restaurant chain filed for Chapter 11 bankruptcy protection, five days after Sbarro pizza chain did the same. The company, known for its toasted sandwiches, ¬†said it agreed to a restructuring plan that will reduce its debt by more than $400 million. It listed liabilities of between $500 million and $1 billion in its bankruptcy petition. The …

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