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Fox & Hound files bankruptcy, expects sale

The company that operates Fox & Hound and Champps sports bars has filed for Chapter 11 bankruptcy.

Fox & Hound Restaurant Group filed the bankruptcy petition to help streamline a sale process, Reuters reports.

The company operates about 100 restaurants, including Fox & Hound restaurants in Arlington Heights, Aurora, Bloomingdale and Schaumburg, and Champps restaurants in Lincolnshire, Lombard, Orland Park and Schaumburg.

Hat tip: Chicago Tribune