Financing
Applebee’s franchisee Flynn Restaurant Group is bidding to buy NPC International
The giant operator, which also operates Arby’s, Panera Bread and Taco Bell, has an initial bid to buy the giant Wendy’s and Pizza Hut franchisee out of bankruptcy.
Financing
Franchisee Carrols may give up its right to buy Burger King units
The company is negotiating with the franchisor to reduce unit openings and remodels and expects to give up an exclusive right to buy existing restaurants that are up for sale.