New Owners Of Max & Erma’s Consider Closing Restaurants, Boosting Marketing

Columbus Business First:

Before Max & Erma’s gets bigger, it’s going to get smaller.

As many as 10 restaurant closings and a corporate office consolidation are among the first tasks facing Denver-based American Blue Ribbon Holdings LLC, which is expected to close its $28 million purchase of the Columbus-based chain Aug. 31. American Blue Ribbon on Aug. 16 won an auction for Max & Erma’s Restaurants Inc. in U.S. Bankruptcy Court in Pittsburgh.

“We’re not in there to do anything crazy,” American Blue Ribbon Chairman William Foley told Columbus Business First. “We’re very happy with the purchase. It’s perfect for what we’re about.”

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