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'''Furr's''' (also known as '''Furr's Cafeteria''' or '''Furr's Family Dining''') is a chain of family restaurants in the United States started by [[Roy Furr]]. The first location opened in [[Hobbs, New Mexico]] in 1946. In corporate history it is notable for being a corporation in which an institutional investor [[TIAA-CREF]] was able to oust the board of directors.{{Fact|date=May 2008}} Furr's was purchased by the K mart Corp. in 180 and subsequently sold by K mart to Michael Levenson's Limited National Partnership in 1988. <ref> http://www.answers.com/topic/furr-s-restaurant-group-inc</ref> In 2000 the company established a new name, Furr's Restaurant Group. <ref>http://www.answers.com/topic/furr-s-restaurant-group-inc</ref> The company reorganized under Chapter 11 bankruptcy in January 2003.<ref>{{cite web | title = Furr's files reorganization plan |
'''Furr's''' (also known as '''Furr's Cafeteria''' or '''Furr's Family Dining''') is a chain of family restaurants in the United States started by [[Roy Furr]]. The first location opened in [[Hobbs, New Mexico]] in 1946. In corporate history it is notable for being a corporation in which an institutional investor [[TIAA-CREF]] was able to oust the board of directors.{{Fact|date=May 2008}} Furr's was purchased by the K mart Corp. in 180 and subsequently sold by K mart to Michael Levenson's Limited National Partnership in 1988. <ref> http://www.answers.com/topic/furr-s-restaurant-group-inc</ref> In 2000 the company established a new name, Furr's Restaurant Group. <ref>http://www.answers.com/topic/furr-s-restaurant-group-inc</ref> The company reorganized under Chapter 11 bankruptcy in January 2003.<ref>{{cite web | title = Furr's files reorganization plan |
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| url = http://www.bizjournals.com/dallas/stories/2003/03/31/daily49.html | work = Dallas Business Journal| date = April 4, 2003 |
| url = http://www.bizjournals.com/dallas/stories/2003/03/31/daily49.html | work = Dallas Business Journal| date = April 4, 2003 |
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| accessdate = 2011-12-07 }}</ref> Shortly afterward, the company was sold to a private investment firm, CIC-Buffet Partners.<ref>{{cite news |title=Furr's Restaurant Group to sell 54 restaurants |url= http://amarillo.com/stories/071503/new_furrsrestaurant.shtml|newspaper=[[Amarillo Globe-News]] |date=2003-07-15 |accessdate=December 19, 2011}}</ref> |
| accessdate = 2011-12-07 }}</ref> Shortly afterward, the company was sold to a private investment firm, CIC-Buffet Partners, an affiliate of Cardinal Investment Co.<ref>{{cite news |title=Furr's Restaurant Group to sell 54 restaurants |url= http://amarillo.com/stories/071503/new_furrsrestaurant.shtml|newspaper=[[Amarillo Globe-News]] |date=2003-07-15 |accessdate=December 19, 2011}}</ref> |
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They are known for serving a large buffet line with a variety of foods; however, the employees serve the food the customers request (hence the "Cafeteria" in the restaurant's full name). Many of the restaurants dining areas have been designed with a rustic atmosphere. There is a small arcade room in the front lobby. |
They are known for serving a large buffet line with a variety of foods; however, the employees serve the food the customers request (hence the "Cafeteria" in the restaurant's full name). Many of the restaurants dining areas have been designed with a rustic atmosphere. There is a small arcade room in the front lobby. |
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Revision as of 16:05, 4 July 2012
 | This article needs additional citations for verification. (May 2008) |
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Furr's (also known as Furr's Cafeteria or Furr's Family Dining) is a chain of family restaurants in the United States started by Roy Furr. The first location opened in Hobbs, New Mexico in 1946. In corporate history it is notable for being a corporation in which an institutional investor TIAA-CREF was able to oust the board of directors.[citation needed] Furr's was purchased by the K mart Corp. in 180 and subsequently sold by K mart to Michael Levenson's Limited National Partnership in 1988. [1] In 2000 the company established a new name, Furr's Restaurant Group. [2] The company reorganized under Chapter 11 bankruptcy in January 2003.[3] Shortly afterward, the company was sold to a private investment firm, CIC-Buffet Partners, an affiliate of Cardinal Investment Co.[4]
They are known for serving a large buffet line with a variety of foods; however, the employees serve the food the customers request (hence the "Cafeteria" in the restaurant's full name). Many of the restaurants dining areas have been designed with a rustic atmosphere. There is a small arcade room in the front lobby.
References
- ^ http://www.answers.com/topic/furr-s-restaurant-group-inc
- ^ http://www.answers.com/topic/furr-s-restaurant-group-inc
- ^ "Furr's files reorganization plan". Dallas Business Journal. April 4, 2003. Retrieved 2011-12-07.
- ^ "Furr's Restaurant Group to sell 54 restaurants". Amarillo Globe-News. 2003-07-15. Retrieved December 19, 2011.
External links
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