Article: Hardees sells 23 restaurants in Ohio, Indiana to franchisee - St. Louis Business Journal:

The parent of the Hardee's dining chain sold 23 restaurants in Ohio and Indiana to a franchisee that says it will build more of the fast-food outlets in the states over the next several years. Carpinteria, Calif.-based CKE Restaurants Inc. sold the 23 restaurants to Midwest First Star Inc., a franchisee new to the chain. One of the company's principals, Carri Simon, has been a Hardee's restaurant operator for nearly a decade. Through the deal, financial terms of which weren't disclosed, Midwest First Star pledged to build at least seven Hardee's restaurants in neighboring states over the next several years. A CKE Restaurants spokesman wasn't immediately available Tuesday to comment further ...

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