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Friendly's Restaurants Hits Ch. 11 With Plans To Stay Open

By Jeff Montgomery ( November 2, 2020, 10:52 AM EST) -- Iconic East Coast restaurant chain Friendly's Restaurants LLC sought Chapter 11 protection late Sunday in support of a quick, prearranged, private sale that will keep nearly all of 130 company-owned or franchised sites open and settle its $88 million secured debt....

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