SCOTTSDALE Ariz. P.F. Changâ€™s China Bistro Inc. said Wednesday it has agreed to lend $10 million to Fox Restaurant Concepts to develop more units of Foxâ€™s True Food Kitchen, a health-oriented eatery that opened late last year in Phoenix.Terms of the deal were not disclosed, but P.F. Changâ€™s said the debt capital could be converted into a future majority equity position. Fox Restaurant Concepts president and chief executive Sam Fox partnered with wellness author Dr. Andrew Weil to open the ...
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Contact: Desiree Torres Desiree.Torres@penton.com