TGI Friday's reaches deal to sell DFW Airport restaurants for $34.5M, per reports
Dallas-based TGI Friday's has reached a deal to sell its locations at DFW Airport and a few other corporate-owned locations in Maryland to restaurant operator Mera Corp. for $34.5 million, according to reports from Bloomberg and other media outlets.
TGI Fridays ex-CEO returns as company works on bankruptcy
The former executive’s firm, Sugarloaf Hospitality, has bid on several of the casual-dining company’s remaining locations
TGI Fridays sells DFW Airport restaurants for $34.5 million
Although Sugarloaf was ultimately outbid, Blanchette was appointed to manage the majority of TGI Friday’s remaining franchised locations, which total over 400. TGI Friday’s has faced trouble ...
TGI Friday’s Sells Dallas Airport Outlets for $34.5 Million
TGI Friday’s Inc. has struck a deal to sell its outlets in the Dallas Fort Worth International Airport and a handful of other corporate-owned locations in Maryland to restaurant operator Mera Corp. for $34.
TGI Fridays gets bankruptcy court approval to sell 9 locations
Bankrupt restaurant chain TGI Fridays received court approval on Thursday to sell nine of its 39 corporate-owned locations, raising $34.5 million to repay its creditors.
TGI Fridays to sell DFW Airport locations in $34.5M deal
Dallas-based TGI Fridays has announced the sale of its five corporately owned locations at Dallas-Fort Worth International Airport as part of its ongoing bankruptcy proceedings.
Mashed on MSN1d
Whatever Happened To Oscar Mayer's Dating App, Sizzl?
Sizzl, the dating app designed by Oscar Mayer to help bacon lovers find romantic connections, was here and gone. What ...
ConsumerAffairs4d
Restaurants could face a rocky 2025
Restaurants generally did not have a very good 2024. Some forecasts suggest 2025 could be just as bad, or worse. Red Lobster ...
Nation's Restaurant News3d
Mera Global outbids ex-Fridays CEO for airport locations in $34.5M auction
Mera Global LLC, a Mexico-based company, has been awarded the purchase of five TGI Fridays units at the Dallas-Fort Worth ...
TGI Fridays’ ex-CEO—who introduced sushi to a restaurant chain famous for potato skins and mozzarella sticks—will step up to oversee hundreds of locations post-ban…
Ray Blanchette, who served as TGI Fridays’ CEO from 2018 to 2023, will manage more than 400 locations of the chain. TGI ...