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Restaurant Carnage Spreads As Two More Major Operators Go Bankrupt

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Restaurant Carnage Spreads As Two More Major Operators Go Bankrupt The restaurant industry is suffering yet another brutal shakeout. Two more major restaurant franchise operators have filed for Chapter 11 bankruptcy protection , adding to a growing list of companies struggling to survive mounting debt, rising operating costs, and financially squeezed consumers. EYM Diner, a 30-unit Denny's franchise operator, filed for bankruptcy on November 4, reporting between $10 million and $50 million in liabilities, according to Nation's Restaurant News . In addition to the Denny's franchise operator…

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    Restaurant Carnage Spreads As Two More Major Operators Go Bankrupt

    Restaurant Carnage Spreads As Two More Major Operators Go Bankrupt The restaurant industry is suffering yet another brutal shakeout. Two more major restaurant franchise operators have filed for Chapter 11 bankruptcy protection , adding to a growing list of companies...

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