Long John Silver's gets OK for sale to A&W

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Long John Silver's, Lexingon, Ky., said it expects to close on its sale to A&W Restaurants Sept. 1. The nation's largest fast-food seafood chain said the U.S. Bankruptcy Court in Delaware has approved its reorganization plan. The faltering chain sought Chapter 11 bankruptcy protection in June 1998.

Copyright August 1999, Crain Communications Inc.

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