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Priszm Completes Sale Of Remaining Restaurants

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TORONTO — Priszm Income Fund has completed the sale of 65 restaurants located in Quebec to Olympus Food Inc. With the completion of this...

Priszm Sale Put on Hold

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TORONTO — Priszm Income Fund, which last week was granted a court extension of its Companies's Creditors Arrangement Act protection to June 30, reported...

Priszm in Bankruptcy Protection

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VAUGHAN, Ont. — The KFC, Pizza Hut and Taco Bell restaurant Priszm Income Fund is under Companies's Creditors Arrangement Act (CCAA) protection following an...

Week of Feb. 7, 2011

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  CCGD DissolvedThe Canadian Council of Grocery Distributors (CCGD) has been dissolved. One CCGD member has informally announced that the majority of the...

Week of Jan. 10, 2011

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  Wild Wing to Sue Buffalo Wild Wings Today, Aurora, Ont.-based Wild Wing Restaurants, operator of approximately 80 chicken wing units in Ontario...

Week of Nov. 22, 2010

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  Priszm Reaches Interim Agreement with YUM! An interim agreement has been reached between the Vaughan Ont.-based Priszm Income Fund and the Louisville,...

New Twists and Turns at Priszm

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TORONTO — In an ongoing saga that has seen Priszm Income Fund seemingly pushed to the brink, the company has reported it has extended...

Priszm Income Fund Update

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TORONTO — After some well-publicized financial strife, a resolution may be near in the ongoing Priszm Income Fund saga.The company has reported that 7716443...

Problems for Priszm

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TORONTO — Priszm Income Fund, the majority stakeholder in some 400 Canadian quick-service restaurants under the KFC, Taco Bell and Pizza Hut brands, recently...

Priszm Pursuing Refinancing Options

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TORONTO — Priszm Income Fund, the operator of the majority of the KFC, Taco Bell and Pizza Hut restaurants in Canada, is looking to...