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Back Yard Burgers to grow under new majority shareholder

Back Yard Burgers to grow under new majority shareholderAxum Capital Partners, a private-equity firm co-founded by former Carolina Panthers player Muhsin Muhammad, has acquired a controlling stake in Tennessee-based Back Yard Burgers. Axum aims to speed growth of the chain, which currently operates 23 units and has 32 franchised locations. Read The Charlotte Observer story here

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