Steak 'n Shake Avoids Bankruptcy, Pays Off Loan, Sues Lender Fortress
Feb 23rd 2021 2:20pm EST
Steak ‘n Shake Avoids Bankruptcy, Pays Off Loan, Sues Lender Fortress By Jonathan Maze of Restaurant Business, Steak ‘n Shake has avoided a bankruptcy filing after the company repaid its loan on Friday—just weeks before it was due. It then turned around and sued its lender—accusing Fortress Investment Group of maneuvering to take over the […]
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