Sbarro seeks bankruptcy protection, again

The Sbarro pizza chain filed for bankruptcy, again.

The company says the bankruptcy filing was part of a reorganization plan with creditors.

They expect to shed $140 million of debt and help the company move forward.

Three weeks ago Sbarro closed more than 40% of its U.S. locations.

This is the second bankruptcy filing in less than three years by the pizza chain.

Filed in: News


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