Restaurant Chain Mod Pizza Prepares Potential Bankruptcy

A Mod Pizza restaurant in Mount Prospect, Illinois.

Photographer: Christopher Dilts/Bloomberg
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Fast-casual restaurant chain Mod Pizza is preparing a potential bankruptcy filing, according to people with knowledge of the matter.

The company may enter court protection as soon as next week, said one of the people, who asked not to be identified because discussions are private. Talks aren’t final and plans could change, they added.