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November 5th, 2024 - 07:47 GMT
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The dining chain, TGI Fridays, files for bankruptcy protection

TGI Fridays has filed for bankruptcy protection, the company confirmed in court documents Saturday. The casual dining chain said it will now pursue restructuring under Chapter 11 bankruptcy protection and "explore strategic alternatives in order to ensure the long-term viability of the brand," according to court documents filed in the Northern District of Texas. In late October, the Dallas-based franchise announced it was closing 50 locations, leading to speculation about ...
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