NEWS WATCH

NEW WORLD COFFEE & BAGELS, New York, said last week it signed an agreement to acquire Manhattan Bagel Co., Eatontown, N.J., the bagel manufacturer and franchiser that filed for Chapter 11 protection last November. The agreement covers the acquisition of Manhattan Bagel's approximately 310 store franchise systems, two bagel dough manufacturing plants and corporate operations. Both chains would retain

NEW WORLD COFFEE & BAGELS, New York, said last week it signed an agreement to acquire Manhattan Bagel Co., Eatontown, N.J., the bagel manufacturer and franchiser that filed for Chapter 11 protection last November. The agreement covers the acquisition of Manhattan Bagel's approximately 310 store franchise systems, two bagel dough manufacturing plants and corporate operations. Both chains would retain their individual identities while consolidating their corporate infrastructure.

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