the next four years". Merrill Lynch and a group of banks led by Canadian Imperial financed the acquisition, and in 1992, Popeyes' parent company, Al Copeland Enterprises, Inc., was forced to file chapter 11 bankruptcy for the more than $400 million debt it owed its creditors for the Church's Chicken buyout. In 1993, Al Copeland Enterprises, Inc. was renamed AFC Enterprises, Inc., or America's Favorite Chicken, and became the parent company of Church's Chicken and Popeyes. In 2004, Arcapita bought Church's Chicken from AFC Enterprises, Inc., and former Domino's Pizza and Little Caesars executive Harsha Agadi became president and CEO of Church's Chicken. Because Arcapita invests in companies that respect Shari'ah principles, it removed pork products from the Church's Chicken menu in 2005. In 2007, AFC Enterprises, Inc. filed a lawsuit against Church's Chicken and former franchise group CVI Company for allegedly colluding to breach Popeyes' franchise, development and guaranty agreements with CVI when "Church's [Chicken] bought all 10 of CVI's Popeyes' restaurants and converted most of them to the Church's Chicken brand". On August 10, 2009, San Francisco private equity firm Friedman Fleischer & Lowe bought Church's Chicken from Arcapita at an estimated value of $390 million, according to Financial Times. In June 2019, it was reported that Friedman Fleischer & Lowe placed the company up for sale after years of declining sales and store counts. On August 2, 2021, Church's Chicken announced that it would be acquired by High Bluff-backed Rego Restaurant Group, the owners of Quiznos and Taco del Mar. The acquisition is expected to be completed in the third quarter. Co-franchising By the mid-to late-1990s, Church's Chicken and hamburger chain White Castle announced their co-franchise, in which both companies would sell their own separate products while operating in some shared restaurant spaces with some shared personnel. In Canada, Church's Chicken items were once available in Harvey's restaurants, but the co-venture was discontinued. Oklahoma restaurant closures In 2015, the Oklahoma Tax Commission shuttered 15 Church's Chicken restaurants owned by the Reciprocity Restaurant Group LLC for not paying more than $400,000 in sales taxes to the state of Oklahoma. Data breach In 2019, Church's Chicken launched an investigation into a data breach of their payment processing systems. At least 160 company-owned restaurants in 11 states were impacted. COVID-19 pandemic In response to the COVID-19 pandemic, most Church's Chicken restaurants closed their dining rooms and continued their drive-thru, counter,