NEW YORK An affiliate of Fortress Investment Group has offered to take over the operations of 127 Ryanâ€™s and Fire Mountain restaurants from Buffets Holdings Inc., which filed for Chapter 11 bankruptcy protection in January, a Fortress spokesman said. Fortress, which owns the master lease for the units, made the offer in a motion filed in U.S. Bankruptcy Court for the District of Delaware. Buffets, however, recently asked the court for permission to reject the master lease for those ...
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Contact: Desiree Torres Desiree.Torres@penton.com