The administrator of George Calombaris' restaurant empire will announce the sale of three restaurants at a creditor's meeting on Thursday, after a flurry of talks over the past several days.
About 400 staff found themselves out of work after 12 restaurants – which included seven Jimmy Grants outlets, Hellenic Republic, Gazi and Hotel Argentina – shut their doors on February 10.
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Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
