Company closes five of its 92 restaurants and seeks buyer
Duke and King Acquisition Corp., a Burnsville, Minn.-based operator of 87 franchised Burger King units, has filed for Chapter 11 bankruptcy protection and is seeking a buyer. Chief executive Rodger Head told Nation’s Restaurant News on Monday that Duke and King has retained Mastodon Ventures to facilitate a sale, saying, “It would be our desire to downsize significantly or in total all of our Burger King holdings.” Duke and King had 92 locations going into the Dec. 4 ...
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