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• C&K Market Inc., which operates 60 supermarkets in Oregon and Northern California, has filed for bankruptcy protection. The company anticipates selling or closing about one-third of its fleet and cut staff by one-fifth, with the company saying that over-aggressive expansion and increased competition brought the family-owned company to this point.

• The Los Angeles Times reports that CKE Inc., parent company to the Carl's Jr. chain, is being sold by the affiliates of New York private equity firm Apollo Global Management that control it to an affiliate of Roark Capital Group, a private equity firm in Atlanta, that owns Cinnabon and Auntie Anne's. Terms of the deal were not disclosed.
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