July 24, 2017 8:15 PM ET

Hotels, Restaurants and Leisure

Company Overview of Quaker Steak & Wings, Inc.

Company Overview

Quaker Steak & Wings, Inc. operates a restaurant in Boardman, Ohio. The company was incorporated in 1991 and is headquartered in Boardman, Ohio. Quaker Steak & Wings, Inc. operates as a subsidiary of Lube Aggregator, Inc.

435 Boardman - Poland Road

Boardman, OH 44512

United States

Founded in 1991

Key Executives for Quaker Steak & Wings, Inc.

Quaker Steak & Wings, Inc. does not have any Key Executives recorded.

Quaker Steak & Wings, Inc. Key Developments

Motion for Asset Sale Approved for QSL of Medina, Inc.

The US Bankruptcy Court approved the sale of substantially all the assets of QSL of Medina, Inc. on March 25, 2016. As per the order, debtor has been authorized to sell substantially all its assets to TravelCenters of America LLC for $24.26 million, as per the agreement dated November 16, 2015. Sale proceeds will be used to pay secured claims of Wells Fargo Bank of $2.20 million, secured claims of The Farmers National Bank of Canfield of $0.40 million, secured claims of Bridge Funding Group, Inc. of $0.90 million, secured claims of Cortland Savings and Banking Company of $2.30 million and secured claims of Scott's Buffalo Wings, Inc. of $0.03 million.

Notice of Filing of Final Version of APA by QSL of Medina, Inc.

QSL of Medina, Inc. filed final version of the asset purchase agreement for the sale of substantially all its assets on March 24, 2016. As per the amended agreement dated March 22, 2016, the base purchase price is changed to $24.26 million. All the other terms of the agreement remain same.

Notice of Cancellation of Auction Filed by QSL of Medina, Inc.

QSL of Medina, Inc. filed a notice in the US Bankruptcy Court for the cancellation of the auction on March 15, 2016. As per the notice, debtor has not received any competing bid by bid deadline of March 11, 2016 and therefore auction scheduled for March 16, 2016 has been cancelled.

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Recent Private Companies Transactions

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