Planet Hollywood proposing to die hard
Article Abstract:
The shareholders of the movie-themed restaurant chain Planet Hollywood International Inc of Orlando, FL, have proposed a multimillion-dollar bailout to save the financially troubled company, which has posted five consecutive losing quarters. The prepackaged Ch 11 bankruptcy filing would involve a $30-million equity investment from a group headed by Saudi Prince Waleed bin Talal and Singaporean billionaire Ong Beng Seng in exchange for a 70% stake. The proposal would also eliminate $250 million in bond debt in return for $47.5 million in cash, a 26.5% equity stake and other securities.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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Country Style closes 25 more stores
Article Abstract:
Toronto, Ont.-based Country Style Food Services, which is Canada's third-largest doughnut retailer, has announced that it will close 25 more stores under its bankruptcy plan. Country Style, which has now closed fifty stores, has 150 franchised and corporate-owned stores left in its retail chain.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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White bread makers try a new recipe
Article Abstract:
The details pertaining to the launch of new varieties of food products in bread category, which look similar to white bread but contain more fibre nutritional benefits of whole wheat by George Weston Ltd. and Canada Bread Co. Ltd. are presented.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2006
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