Two weeks after announcing the closure of 155 company-owned restaurants, Sbarro LLC is reportedly preparing to file for Chapter 11 bankruptcy protection for the second time in three years. According to a report in the Wall Street Journal, the brand of more than 800 locations worldwide is soliciting votes for a “prepackaged restructuring plan” that could result in a filing as early as Sunday. “We cannot comment on market rumor or speculation,” Jonathan Dedmon of ...
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