"Update: Sadly, Ann decided she could no longer invest any more of her own money into the restaurant and on March 8, Valley View closed its doors for good."
The “Restaurant Impossible” web-only epilogue for tonight’s March 15 episode.
(On a side note, you only find that after several clicks after the show tells you to go to a Food Network web address for an update. In between that, they only tell you how awesome the restaurant has become since Chef Robert came through. Boo.)