Restaurant chain Hooters of America filed for bankruptcy in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group backed by th… [+1957 chars]
Restaurant chain Hooters files for bankruptcy to enable founder-led buyout - CNBC
Hooters filed for bankruptcy in Texas, seeking to address its $376 million debt by selling its company-owned restaurants to a franchise group backed by the company's founders.
By:Reuters
Source:CNBC
Published:
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