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Sbarro was founded in 1958 in Brooklyn New York. -
The Sbarro brand launched their first mall based restauraunt in Brooklyn's Kings Plaza Shopping Center
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Their main outlet was destroyed in the septembre attacks
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They had to close their original location and move somewhere else.
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Sbarro was acquired by MidOcean Partners, a private equity firm with offices in New York and London.
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Sbarro ranked 1st in the entrepreneur magazine for quick serve restauraunts.
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The company filed for Chapter 11 bankruptcy protection on April 4, 2011.
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Ranked 15th in foreign sales among U.S quick serve in QZR Magazine
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In November 2011, Sbarro was granted court approval to emerge from bankruptcy under a plan requiring restructuring and ceding ownership to lenders; 25 sites were closed.
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On March 15, 2012, Sbarro announced a franchise agreement with Upper Crust Foods Pvt. Ltd. to open restaurants in the Indian state of Maharashtra.
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In March 2013, Sbarro announced that J. David Karam would be the next CEO of the company.
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