Quiznos owner to buy Church's chain
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ATLANTA JOURNAL-CONSTITUTION
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ATLANTA -- Church's Chicken, with more than 1,500 fast-food locations, is to be sold by one California private-equity firm to another.
San Francisco's FFL Partners has agreed to sell the Church's brand to the owner of the Quiznos subs chain, High Bluff Capital Partners in San Diego, along with support from funds managed by FS Investments.
The fate of the company's headquarters was not disclosed by a spokesperson, but the current chief executive officer, Joe Christina, is expected to continue leading the restaurant business, according to a news release. Terms of the agreement were not released.