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Article: Bankruptcy Roasting.(Kenny Rogers Roasters Inc. and Boston Chicken Inc. attempt to avoid financial problems)(Brief Article)
- Article from:
- Restaurants & Institutions
- Article date:
- February 1, 1999
CopyrightCOPYRIGHT 1999 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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First the similarities: Kenny Rogers Roasters Inc. and Boston Chicken Inc. both specialize in--what else?--chicken; both consider their roasted birds better fare for fast food; and both sought Chapter 11 bankruptcy protection.
But as both struggle to be free of the noose of too much debt, how the tales of two pioneers in meal solutions end could be as different as a rooster from a hen. While suitors scramble to swoop up Kenny Rogers, workers, investors and many customers can't get far enough away from Boston Market.
The mass exodus began days after the Golden, Colo.-based Boston Chicken admitted in ...