Article: CLUCKER'S WOOD ROASTED CHICKEN, INC. ANNOUNCES EXTENSION FOR CLOSING OF PARADISE BAKERY ACQUISITION

NORTH MIAMI, Fla., Sept. 11 /PRNewswire/ -- Clucker's Wood Roasted Chicken, Inc. (Nasdaq: CLUK CLUKW), a major area developer of Kenny Rogers Roasters, announced this morning that the definitive agreement with Chart House Enterprises, Inc., concerning Clucker's proposed acquisition of Paradise Bakery, Inc., has been amended to provide for the closing of the acquisition at the end of this month, subject to monthly extensions until the end of 1995. Clucker's negotiated the extension to provide additional time for completion of the $6 million private placement of stock to Pacific Foods Ltd., which will be used to finance the Paradise acquisition.

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