Friendly’s to Stay With Sun Capital
Sun Capital Partners Inc. got the nod Thursday from a judge to pilot its Friendly Ice Cream Corp. out of…
Tag: Friendly’s Chapter 11
Friendly’s CEO, Sun Capital Ring Up Hefty Expense Tabs
Harsha Agadi, the fast-food veteran who signed on to lead Friendly Ice Cream Corp. last year, billed the failing company…
Bankrupt Restaurant Chain Lays Off 1,260 Overnight
Friendly’s Ice Cream Corp. laid off 1,260 employees with almost no notice on Tuesday night. And there’s little that employees…
Friendly’s Enters Chapter 11, Closes 63 Restaurants
Friendly Ice Cream Corporation and its subsidiaries (collectively “Friendly’s”), the operator of Friendly’s restaurants and a nationwide distributor of ice…
Friendly’s Preparing Bankruptcy Filing
The Friendly’s restaurant chain is preparing for a possible Chapter 11 bankruptcy filing and potential sale, said people familiar with…