In response to the chain letter, a sign attributed to Debbi was posted in Mrs. Fields stores: Financial history In 2007, Nexcen Brands, Inc. purchased the Pretzel Time and Pretzelmaker brands from Mrs. Fields Famous Brands. Great American Cookies was then sold to Nexcen in February 2008. Mrs. Fields experienced layoffs due to restructuring caused by sale of these brands. In 2008, Mrs. Fields attempted to restructure their debt to bondholders before filing for Chapter 11 protection. Mrs. Fields avoided another bankruptcy in 2011 by agreeing to cede control of the company to its creditors, Z Capital Partners and Carlyle. Z Capital Partners became the sole owner of Mrs. Fields in 2013. Mrs. Fields promoted Neil Courtney from COO to CEO. References External links Mrs. Fields Cookies website TCBY website Food and drink companies of the United States Food and drink companies established in 1977 Food and drink in the San Francisco Bay Area Companies that filed for Chapter 11 bankruptcy in 2008 Companies based in Broomfield, Colorado Bakeries of California Private equity portfolio companies 1977 establishments in California Restaurants established in 1977