Luby’s Inc. board approves plan for liquidation of Luby's Cafeteria, Fuddruckers and more

Luby’s Inc.’s board of directors on Tuesday gave the go-ahead to a plan for liquidating the company’s assets, indicating the failure to find a buyer.  The parent to the Luby’s Cafeteria and Fuddruckers brands has been seeking strategic alternatives since September. In June, the Houston-based company indicated...