Village Inn parent exits bankruptcy, spins off baked goods unit

American Blue Ribbon Holdings LLC, which filed for Chapter 11 bankruptcy protection in January, has emerged from the debt reorganization as two separate companies. One of those companies VIBSQ Holdings LLC, will operate and franchise the restaurants—21 company-owned and 118 franchised Village Inn restaurants, and 14 company-owned Bakers Square restaurants. Read the Nation’s Restaurant News story here

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