Friendly’s restaurants are now under new ownership. The sale of more than 100 corporate-owned and franchised restaurant locations to a Connecticut-based entity of restaurant operators and investors was finalized this week. Friendly Ice Cream Corporation, the Western Massachusetts-based parent company of Friendly’s restaurants, announced in November that the company entered into a sale agreement with Amici Partners
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Traditionally, at the end of the year, Restaurant Business publishes a sampling of emerging restaurants to watch in the new year. But 2020, of course, has not been like any other year. That’s not saying there aren’t concepts worth watching. As the pandemic does some Darwinian weeding out of restaurant business models, investors are still finding growth concepts to put their
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