TGI Fridays secures rescue deal but more than 1,000 UK jobs lost
Private equity groups Calveton and Breal Capital to buy 51 restaurants, although 35 outlets will close A rescue deal for the UK arm of TGI Fridays has been struck, with two private equity groups to buy 51 restaurants – although a further 35 outlets are to close with the loss of more than 1,000 jobs….