Pizza chain operating in 28 states 'exploring all options' amid bankruptcy rumors

(NEXSTAR) – A pizza chain with over 500 locations in the United States is working on “a turnaround plan” amid multiple reports that the company is considering filing for bankruptcy, a representative for the chain told Nexstar.

Bloomberg reported last week that MOD Pizza, which operates restaurants in 28 states, may file for bankruptcy protection in the coming days, citing a source claiming to be familiar with the company’s plans. The Wall Street Journal shortly afterward said insiders...