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

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