Economy

Outback Steakhouse Rescues Franchises After Owner Bankruptcy

Outback Steakhouse Rescues Franchises After Owner Bankruptcy

By Fatma Younis

Outback Steakhouse is stepping in to save dozens of its franchise locations after a franchise owner filed for bankruptcy protection, the company announced.

The Australian-themed steakhouse chain will assume operations of the affected restaurants to prevent closures and preserve jobs, according to a statement released this week.

Share this article: