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Wendy’s Franchisee Bankruptcy Fuels Concerns Over Food Prices

Wendy's franchise giant Meritage filed for bankruptcy as food costs and weak consumer spending squeeze profits.

  • Meritage Hospitality Group files for Chapter 11 bankruptcy protection.
  • Company operates 314 Wendy's restaurants across 15 states.
  • Bankruptcy filing estimates assets and liabilities between $10M and $50M.

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