The nation's largest Pizza Hut and Wendy's franchisee filed for bankruptcy and will put its burger restaurants up for sale as it continues discussions over the fate of its pizza outlets
NPC International Inc., the nation’s largest Pizza Hut and Wendy’s franchisee, filed for bankruptcy Wednesday and will put its burger restaurants up for sale as it continues to hold discussions over the fate of its pizza outlets.
The company, which operates more than 1,200 Pizza Hut locations and about 400 Wendy’s Co. restaurants, had been struggling even before the coronavirus pandemic forced many of its eateries to close. The company nearly filed for chapter 11 earlier this year before a group of lenders threw it a financial...
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