Financing
Tijuana Flats declares bankruptcy and closes restaurants
The Maitland, Florida-based Tex-Mex chain filed for Chapter 11 bankruptcy protection after closing 40 restaurants this year. It has an agreement to sell the company.
Financing
Guernsey Holdings buys 20 Zaxby's restaurants
The operator of franchised brands like Sonic Drive-In and Little Caesars is working with the franchisee’s management to acquire the locations in South Carolina.