pizza-sbarro-600The news was not so mouth-watering for pizza fans Monday, as the Sbarro pizza chain filed for bankruptcy court protection.  The move comes less than three weeks after it was forced to close more than 40 percent of its restaurants across the United States. Sbarro is best known for locations in malls, airports, train stations and highway rest stops. It’s actually the second bankruptcy filing in less than three years by Sbarro, whose previous action was in April 2011. Sbarro, based in Melville, N.Y., issued a statement Monday indicating the bankruptcy filing is a pre-packaged plan, which means it has already agreed on a reorganization plan with creditors that hold 98 percent of the company’s debt. That should allow it to quickly shed an estimated $140 million in debt, and emerge from bankruptcy as a healthier company. MORE