Bertucci’s Corp., the Massachusetts-based pizza chain, has filed for chapter 11 bankruptcy protection and plans to sell its business in a deal valued at roughly $20 million. The company said Monday that an affiliate of Chicago-based investment firm Right Lane Capital LLC has agreed to purchase the brick-oven pizza chain’s assets, but that bid will be tested at a bankruptcy-court supervised auction.

Source: Wall Street Journal April 16, 2018 16:31 UTC