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TGI Friday’s is “pretty far down the road” negotiating with one particular party, which the restaurant hopes will agree to acquire the business as a stalking horse bidder, Dickerson said.

Restaurant chain TGI Fridays filed for bankruptcy protection Saturday, saying it is looking for ways to "ensure the long-term viability" of the casual dining brand after closing many of its ...

TGI Fridays will live to see another day, at least while bankruptcy proceedings continue. The casual dining destination filed for Chapter 11 bankruptcy protection over the weekend, calling the ...

TGI Fridays. "TGI Fridays® Announces Sale of Select Restaurants in the Northeast to Longtime Stakeholder as Brand Optimizes Operations to Drive Long-Term Growth." Red Lobster. “Red Lobster ...

Casual dining chain TGI Fridays Inc. filed for Chapter 11 bankruptcy in Texas on Saturday with the company's executive chairman saying it still has not fully recovered from the COVID-19 pandemic.

TGI Fridays has been a recognisable fixture on ... it was not expecting to ‘recover any meaningful value’ from the sale of sites. Visit our live blog for the latest money news Aberdeen Beach ...

The future of TGI Fridays, including its restaurants in Surrey, is in doubt after the company put all its UK branches up for sale as its share price collapsed. The owners are hoping for a rapid sale ...

TGI Fridays, a favorite casual dining destination, has filed for Chapter 11 bankruptcy protection. Citing the COVID-19 pandemic among its business challenges, the company filed for bankruptcy ...

TGI Friday’s Inc. is speaking with potential buyers, a company attorney said Monday, and disclosed it suffered a “significant” revenue hit when it lost control of assets it used to secure $375 million ...

A stalking horse bid would set a floor price for TGI Friday’s assets and would be subject to better offers at a potential Chapter 11 auction. During the Monday hearing, lawyers also discussed TGI ...