ATLANTA Officials for Church’s Chicken on Friday would not confirm reports that the chain would be sold soon to another private-equity firm. Arcapita Inc., a Bahrain-based private-equity firm and current owner of Church's franchisor Cajun Operating Co., hired Bank of America Merrill Lynch earlier this year to broker the sale of the chain. According to a Reuters report this week, the winning bid came from San Francisco-based Friedman Fleischer & ...
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