(KWES) - Vasari LLC who owns 70 Dairy Queen stores filed for bankruptcy.
Vasari claims the decline of the oil business and Hurricane Harvey negative impact is a major reason for the filing.
The company filed for Chapter 11 Bankruptcy listing a category of debt between $10 and $50 million dollars.
This form of bankruptcy allows for debts to be organized.
We're told 29 stores will close with a location in Hobbs making that list.