Perkins & Marie Callender's Files Chapter 11

Perkins & Marie Callender's Inc., owners of Perkins restaurants, filed for Chapter 11 bankruptcy protection Monday, Reuters reported. The company listed assets at $290 million and liabilities at $440.8 million. Castle Harlan Inc. bought the restaurant company in 2005, and in April hired an adviser to explore its options – including bankruptcy. Perkins owns about 600 restaurants across North America.

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