Patisserie Valerie is being bought out of administration in a deal that will save nearly 2,000 jobs.The management team at the coffee and cake chain has secured backing from investment firm Causeway Capital to take over 96 shops.Sister brand Philpotts has also been sold in a separate deal, saving a further 21 stores. Collectively the chains fetched £13m - a fraction of what the group was once worth.Patisserie Valerie's parent company, Patisserie Holdings, collapsed in January following an accounting scandal. Patisserie Valerie's chief executive, Steve Francis, who is leading the management team buy-out, said the move would end "a disruptive...