Industry News | June 2, 2004

AFC To Sell Church's Chicken?

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AFC Enterprises announced today that it intends to "explore strategic alternatives" for its Church's Chicken brand, including a possible sale. The company has engaged Bear, Stearns & Co. to advise it in connection with the potential sale of both Church's and, as previously announced, Cinnabon.

The Church's system is comprised of about 280 company stores, 955 domestic franchises, and 292 international franchises.