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Franchise Group, Inc. announced it has signed an agreement to acquire FFO Home, a furniture retailer with 31 stores in Arkansas, Indiana, Kentucky, Missouri and Oklahoma, subject to a process under Chapter 11 of the United States Bankruptcy Code.
As part of the agreement, FFO has filed voluntary petitions for Chapter 11 relief in the United States District Court for the District of Delaware. FFO will continue normal business operations throughout the sale process until the Transaction closes. In addition, Franchise Group is providing FFO....
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