Wendy's Franchisee Meritage Files for Chapter 11 Bankruptcy | News/Talk 1130 WISN
Meritage Hospitality Group, a major Wendy's franchisee, has filed for Chapter 11 bankruptcy. The company owes Wendy's $25 million and faces declining sales and rising costs. Meritage plans to restructure, potentially closing some locations, but will continue honoring gift cards and employee be...