On The Border Restaurant Chain Files for Bankruptcy

By Naveen Athrappully Restaurant chain On The Border is going bankrupt after factors such as inflation and labor costs reportedly weighed down on company finances. Atlanta-based OTB Holdings LLC, owner of On The Border Mexican Grill & Cantina chain of Tex-Mex restaurants, has “voluntarily filed for relief under Chapter 11 of the Bankruptcy Code” in a Georgia court, the company said in a…

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