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FMAC buys stake in Houston Taco Bell licensee

Nation's Restaurant News, March 24, 1997

HOUSTON -- Franchise Mortgage Acceptance Co. LLC, a franchise financing concern, infused some $11 million in debt and equity into Family Eats Inc., a 19-unit Taco Bell operator here. As a result, the Greenwich, Conn.-based FMAC will own an undisclosed stake in the franchise and also will act in an advisory capacity.

COPYRIGHT 1997 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
COPYRIGHT 2008 Gale, Cengage Learning
 

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