ATLANTA Cajun Operating Co., franchisor of the Churchâ€™s Chicken quick-service chain, has agreed to purchase 20 Churchâ€™s restaurants in Louisiana from beleaguered Baton Rouge, La.-based Wetco Restaurant Group LLC for $10.9 million. The deal allows Wetco to be restructured as part of a consensual Chapter 11 bankruptcy. The units are located in the Louisiana markets of New Orleans, Baton Rouge, Lafayette, and Alexandria, according to management of the 1,600-unit chain.Wetco â€” which owns ...
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Contact: Desiree Torres Desiree.Torres@penton.com