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Pappas Restaurants acquires On The Border from bankruptcy, aiming to revive the Tex-Mex chain.
Texas-based Pappas Restaurants has acquired On The Border Mexican Grill & Cantina from bankruptcy.
On The Border, known for Tex-Mex cuisine, closed all its locations in March after filing for Chapter 11 bankruptcy due to economic challenges, labor shortages, and poor performance.
Pappas Restaurants, which operates several chains including Pappasito's Cantina and Pappadeaux Seafood, plans to take over the brand, pending court approval.
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Pappas Restaurants adquiere On The Border de la bancarrota, con el objetivo de revivir la cadena de Tex-Mex.