After plans for a merger with its largest franchisee fell through earlier this year, TGI Fridays filed for Chapter 11 bankruptcy.
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Hostmore, the United Kingdom-based TGI Fridays franchisee that was set to buy the franchisor, called off the deal early this morning after TGI…
With new plans to sell all remaining corporate restaurants, United Kingdom franchisee Hostmore’s deal to acquire TGI Fridays likely won’t clos…
Hostmore's acquisition of TGI Fridays, valued at about $220 million, will take TGI Fridays public on the London Stock Exchange. It's expected to close in the third quarter.