Furr's
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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 1980 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]
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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