>Dallas company buys bankrupt restaurant chain Max & Erma's

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>Concept Development Partners LLC, an affiliate of Dallas-based CIC Partners, has signed a deal to buy “substantially all” of the bankrupt restaurant chain Max & Erma’s Inc.

The agreement, which still must be approved by a Pittsburgh bankruptcy judge, calls for Concept Development Partners to pay $24.8 million in cash and assumed debt for the company-operated restaurants in the Columbus, Ohio-based chain.

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