Buffets, Inc. Files for Bankruptcy
Posted on Jan 24, 2012 1:45pm PST
The restaurant company Buffets, Inc. has reportedly filed for Chapter 11 bankruptcy reorganization. According to reports, this is the second time the company has filed for
bankruptcy. However, this time the business has already reached an agreement with major creditors to restructure its debt. The business reportedly hopes to exit bankruptcy within the next six months.
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