The company filed for bankruptcy in Texas Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group backed by the company's founders.
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Hooters of America has filed for Chapter 11 bankruptcy in Texas to address $376 million in debt, planning to sell all 151 corporate-owned restaurants to a buyer group backed by its original founders.
By Ramishah Maruf, CNN New York (CNN) — Hooters — the restaurant chain first known for its orange-clad, all-female wait staff and then its chicken wings — filed for bankruptcy, the company announced Monday. But the decades-old brand said it isn’t going anywhere.
The company filed for bankruptcy in Texas Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group backed by the company's founders.
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 the company’s founders.
Hooters — the restaurant chain first known for its orange-clad, all-female wait staff and then its chicken wings — filed for bankruptcy, the company announced Monday. But the decades-old brand
Hooters is going bust.The U.S. restaurant chain, known for chicken wings and its skimpy “Hooters Girls” wait-staff outfits, has filed for bankruptcy protection. HOA Restaurant
NEW YORK >> 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 the company’s founders.
Restaurant chain Hooters of America filed for bankruptcy protection 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 the company’s founders.
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Hooters files for bankruptcy protection | Since Then
