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New Investment Group Cuts Deal With Pizza Chain, Leads to Quick Exit From Chapter 11

Dine-In Pizza Chain CiCi's Emerges From Bankruptcy Protection Process in Less Than Two Months
CiCi's has made a quick exit from Chapter 11 bankruptcy with the help of an investment group. (Niceckhart/Wikimedia Commons)
CiCi's has made a quick exit from Chapter 11 bankruptcy with the help of an investment group. (Niceckhart/Wikimedia Commons)
CoStar News
March 18, 2021 | 10:28 P.M.

A newly formed restaurant investment group has bought CiCi's and its assets through the bankruptcy court, helping the Texas-based dine-in pizza buffet chain emerge from the process less than two months after filing for Chapter 11 bankruptcy protection.

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