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Priszm Completes Sale Of Remaining Restaurants

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

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

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

  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

  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

  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

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

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

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

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