22-unit Hooters franchisee to be acquired by co. with ties to franchisor

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CHARLOTTE N.C. A Hooters franchisee with financial ties to franchisor Hooters of America Inc. has agreed to buy the concept’s founder, franchisee Hooters Inc., from its nine owners in a deal valued at $55.1 million.

 

The buyer, the investment firm Chanticleer Holdings Inc., said the deal should close before July 31. It indicated that many of the nine individuals selling their Hooters Inc. stock would remain involved with the company. The deal

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