December 05, 2011
SSI Group Holding Corp. got the go-ahead from a Delaware bankruptcy judge on Monday to sell its Grandy's and Souper Salad restaurant chains to two separate buyers for a combined $10 million, with an affiliate of Sun Capital Partners Inc. snatching up Grandy's for $6 million.
December 01, 2011
Landlords Weingarten Realty Investors, Developers Diversified Realty Corp. and Regency Centers LP objected Wednesday to bankrupt SSI Group Holding Corp.'s plan to transfer Souper Salad restaurant leases to investors who purchased the chain at auction, expressing concern over the buyers' ability to pay.
November 09, 2011
Bankrupt SSI Group Holding Corp., the owner of Grandy's and Souper Salad restaurants, spelled out the potential sale of its Souper Salad assets to a stalking horse bidder for at least $1.6 million in a court filing Tuesday in Delaware.