Hooters founders reclaim company after court approves bankruptcy exit
Yahoo Finance·2025-11-04 01:29
You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Less than seven months after Hooters filed for bankruptcy, and one month after the company’s bankruptcy reorganization plan was approved, Original Hooters — the founding group behind the concept — has reacquired the Hooters of America company. After the transaction closed on Oct. 14, Original Hooters and its franchise partners Hoot Owl Restaurants took over ownership of 140 of the 198 U.S. Hooters restaurants.  ...