Sandwich chain Quiznos is preparing to file for bankruptcy-court
protection within weeks as it contends with unhappy franchisees and a
$570 million debt load, according to people with direct knowledge of the
matter.
Quiznos has been negotiating with creditors for weeks on a restructuring plan that would streamline its trip through bankruptcy court, these people said, but a deal hasn't yet been reached.
The chain's move toward...
Quiznos has been negotiating with creditors for weeks on a restructuring plan that would streamline its trip through bankruptcy court, these people said, but a deal hasn't yet been reached.
The chain's move toward...
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