Formerly bankrupt burger chain rescued by fast-food rival
A fledgling fast-food chain has acquired the assets of one of its rivals that emerged from bankruptcy.
The rapidly-meals exchange has faced financial damage since the Covid-19 pandemic derailed the sector in 2020 as many restaurant chains have struggled to increase since the pandemic subsided.
The signs of rapidly-meals chains' economic ills may additionally be traced to financial problems equivalent to rising hobby charges that began spiking in insensible 2020 and introduced about companies' prices of debt and financing to enlarge.
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