Fox & Hound, Champps Restaurant Files for Bankruptcy
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Fox & Hound and Champps restaurants’ owner F&H Acquisition Corp. filed for bankruptcy citing a slump in sales as a result of the U.S. economic downturn.
F&H, based in Wichita, Kansas, operates about 101 sports bars and casual family-dining restaurants in 27 states, employing about 6,000 people, according to the Chapter 11 filing yesterday in Wilmington, Delaware. The company listed debt of $119 million.