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BUSINESSPennLive·22h ago

The fried chicken chain that expanded too fast — Yardbird just filed for Chapter 11

Photo · Melinda Gimpel via Unsplash
AI TLDR · GEMINI

Miami-founded fried chicken chain Yardbird has filed for Chapter 11 bankruptcy after rapid expansion. The company owes nearly $25 million to various lenders. One of the firms owed money is currently attempting to purchase the chain.

The Miami-founded chain filed for Chapter 11 with nearly $25 million owed to lenders, including the firm now trying to buy it.

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