Tuesday, December 11, 2018

Applebee's Franchisee Gets Court Approval of Bankruptcy Plan

Judge Brendan Linehan Shannon endorsed the chapter 11 plan—which will include a tripling of the initial equity commitment from the franchisee’s owner, private-equity firm Acon Investments—after a hearing Tuesday in U.S. Bankruptcy Court in Wilmington, Del.

from WSJ.com: US Business https://ift.tt/2EqoEq7
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