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Published on 9/12/2019 in the Prospect News Distressed Debt Daily.

Perkins & Marie Callender’s names winning bidders for three businesses

By Caroline Salls

Pittsburgh, Sept. 12 – Perkins & Marie Callender’s, LLC announced the winning bids for its assets, according to a notice filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

Specifically, Huddle House, Inc. was the high bidder for the Perkins assets, with a $51.5 million bid;

Fairfield Gourmet Food Corp. was the winning bidder for the Ohio business assets, with an $18.7 million bid; and Marie Callenders, Inc. was the winning bidder for the MC business assets, with a $1.75 million bid.

The sale hearing is scheduled for Sept. 17. Perkins & Marie Callender’s is a Memphis-based operator and franchiser of full-service restaurants. The company filed bankruptcy on Aug. 5 under Chapter 11 case number 19-11743.


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