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Acapulco Restaurant Owner Files for Bankruptcy

Real Mex, the corporate owner of the Acapulco restaurants (Monrovia has an Acapulco) has filed for Chapter 11 bankruptcy and hopes to find a buyer for the chain. It says people aren't eating out as often in the current economy. Real Mex also owns Chevys and El Torito. http://goo.gl/AQiMZ
 
Opinion: Sad. In addition to the economy, I suspect that the competition among Mexican-style restaurants is ferocious.
 
- Brad Haugaard

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