Albuquerque Journal (Albuquerque, NM)

Lota' Sale, But Little Change.(Final)

Byline: Charlotte Balcomb Lane Journal Staff Writer

Burgers To Survive Out-of-State Purchase

A bite of New Mexico culture is being sold to out-of-staters.

Blake's Lota' Burger Inc., which has 75 restaurants and almost 1,000 employees in the state, is being purchased by an unidentified family concern, said company spokeswoman Ann Mulhern on Thursday.

Mulhern said the transaction hasn't closed but is "95 percent done" and is expected to be complete within a week.

The sale comes almost 51 years to the day after the founding of the home-grown company.

Blake's Lota' Burger was founded July 9, 1952, by Blake Chanslor, who is now in his 80s. …

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