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Fuddruckers parent company to liquidate

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Luby’s, the parent company of Fuddruckers, is planning to liquidate its assets.

The company, which also operates a namesake chain of cafeteria-style eateries, expects to generate up to $128 million for shareholders. It then would be dissolved.

The fate of Fuddruckers franchises is unclear. The Springfield Fuddruckers restaurant yesterday posted on Facebook: "As a locally owned franchisee, we are open to serve our community."

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