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Buffets Restaurants Files Prepackages Bankruptcy

By DistressedDebtI... on Thu, 2012-01-19 00:25
(via www.distressed-debt-investing.com)

As expected, Buffets ("the Company") filed a prepackaged plan of bankruptcy earlier today with support of 83% of its senior lenders. Buffets operates the Old Country Buffet, HomeTown Buffet, Ryan's, and Fire Mountain restaurant brands with approximately 500 restaurants across the country. For those...

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