F&H Acquisition Corp., parent to the Fox & Hound sports bar and Champps casual-dining chains, is nearing a bankruptcy court deal valued at more than $120 million to sell to New York-based private-equity firm Cerberus Capital Management, according to a report filed earlier this week by Dow Jones. F&H would avoid a planned March auction under the deal, which reportedly calls for lender Cerberus Business Finance LLC to pay $14.5 million in cash in a private sale, forgive $19 ...

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