ATLANTA BBAC LLC, the investor group that plans to buy Back Yard Burgers in a $38 million deal, has extended to Oct. 31 the expiration of its committed financing with Regions Bank and Harbert Mezzanine Partners II LLC. BBAC said it wants to investigate claims made in a lawsuit filed against the chain, according to materials filed Tuesday with the U.S. Securities and Exchange Commission. BBAC, based here, said in the filing that Back Yard Burgers had settled the lawsuit last month. ...
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Contact: Desiree Torres Desiree.Torres@penton.com