26 restaurants in California, Las Vegas being sold out of bankruptcy
Nine of the 26 Fatburger locations being sold out of bankruptcy have stalking horse bidders heading into an auction scheduled for April 21. Though the bidders were not identified in court documents, officials coordinating the sale said the stalking horse candidates include existing franchisees, aspiring franchisees, and operators of other chains hoping to convert the properties. The Fatburger locations include corporate units operated by subsidiaries Fatburger Restaurants of California Inc. ...
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Contact: Desiree Torres Desiree.Torres@penton.com