Jennifer Chandler Memphis Commercial Appeal Published 9:36 PM EDT Sep 12, 2019 Weeks after filing for bankruptcy protection and closing locations, Memphis, Tennessee-based Perkins Restaurant & Bakery may soon have a new owner. Atlanta-based Huddle House, Inc. announced it plans to buy Perkins in a deal expected to close Oct. 21. Neither company disclosed terms of the deal. Perkins & Marie Callender’s LLC filed for Chapter 11 bankruptcy protection Aug. 5 and said at the time it planned to sell its Perkins’ business and a segment of its Foxtail bakery business, which supplies its restaurants and distributors to “Perkins Group LLC.” According to a Huddle House spokesperson, the Huddle House deal does not include Marie Callender’s restaurants or the Foxtail bakery. There are no plans to convert any existing units to Huddle House restaurants or vice versa, the company said in a news release. Wendy’s plans to add breakfast: The chain is taking breakfast nationwide in 2020 and will hire 20,000 new employees Chicken Sandwich War: Popeyes and Chick-fil-A are clucking for different reasons The Huddle House executive leadership team will manage Perkins out of its Atlanta headquarters, running each of the concepts as separate brands, yet leveraging resources and proven strategies to build efficiencies. “The current leadership team… Read full this story
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