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Casual-dining bankruptcies scale up from single-digit franchisees to multi-state chains

Yahoo Finance, Sep 17 · read the original

Meritage Hospitality, a Wendy's franchisee operating more than 350 restaurants across 15 states, filed for Chapter 11 bankruptcy on September 17, a scale jump from the five-location Denny's franchisee that filed weeks earlier, while plant-based chain Planta was separately forced into Chapter 7.

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