ROCHESTER N.Y. A 46-unit franchisee of the Friendly’s family restaurant chain plans to evaluate the purchase of all or a part of the franchisor, according to the licensee’s newly retained financial advisor. The franchisee, Kessler Family LLC here, said it is the largest franchisee of Friendly Ice Cream Corp., which disclosed last week that it was considering a sale and other ways of boosting the value of its shareholders’ investment. If Friendly proceeds with a sale, Kessler would ...
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