Friendly's: Friendly's files for Chapter 11 in Delaware, announces buyer

FIC Restaurants, Inc., owner of Friendly's Restaurants announced an agreement to sell substantially all of its assets to Amici Partners Group. The company also filed for Chapter 11 protection in Wilmington. Delaware's bankruptcy court has handled many Chapter 11 bankruptcy filings from mid-sized chains. Private equity-financed Amici is comprised of experienced restaurant investors and operators [...] The post Friendly's files for Chapter 11 in Delaware, announces buyer appeared first on Delaware Business Now.