Quiznos Prepares for Bankruptcy
Posted on Mar 4, 2014 10:50am PST
Quiznos is reportedly preparing to file for bankruptcy protection. According to reports, the business is filing after suffering declining sales and dealing with about $570 million in debt. The chain has reportedly been negotiating with creditors on a restructuring plan to help the process. The business would be filing for
Chapter 11 bankruptcy.
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