QUOTE
NEWS ALERT
from The Wall Street Journal
July 29, 2008
National restaurant chains Bennigan's and Steak & Ale have closed their doors and filed for Chapter 7 bankruptcy protection, closing more than 300 locations and laying off thousands of employees. It is one of the U.S.'s largest restaurant bankruptcy filings and eliminates two sit-down chains that have been part of the casual dining landscape for decades. The chains will liquidate and are not likely to re-open.
For more information, see:
http://wsj.com?mod=djemalertNEWS
from The Wall Street Journal
July 29, 2008
National restaurant chains Bennigan's and Steak & Ale have closed their doors and filed for Chapter 7 bankruptcy protection, closing more than 300 locations and laying off thousands of employees. It is one of the U.S.'s largest restaurant bankruptcy filings and eliminates two sit-down chains that have been part of the casual dining landscape for decades. The chains will liquidate and are not likely to re-open.
For more information, see:
http://wsj.com?mod=djemalertNEWS