TGI Fridays will remain on UK high streets after a rescue deal was secured for News Today the restaurant chain - but more than 1,000 staff have lost their jobs.
Thirty-five restaurants are closing immediately after they were not included in the sale, News Today resulting in 1,012 redundancies.
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However, News Today 51 sites have been rescued in the sale to Breal Capital and Calveton, a day after Sky News reported a deal was being finalised.
It means nearly 2,400 jobs have been saved across the chain.
Trade union Unite said on X that staff had been shut out of restaurants with padlocks on the doors changed, News Today while others were invited to a video call with members of the head office with one hour's notice.