Hooters of America filed for bankruptcy protection and plans to sell over 100 company-owned restaurants to an investor group that includes Hooters' co-founders and franchisees. Zoom in: The ...

The buyer group is backed by some of Hooters’ original founders, and it pledged to take Hooters “back to its roots.” “With over 30 years of hands-on experience across the Hooters ecosystem ...

Hooters files for bankruptcy, shifting to franchise-only model as original co-founders join buyer group to revitalize the ...

The founder of Hooters intends to take control of Hooters of America (HOA) following a potential bankruptcy filing, as reported by Bloomberg. HMC Hospitality Group is owned by the six founders of ...

Hooters will sell all of its company-owned restaurants to a franchise group backed by some of the company’s original founders, the company announced Monday. The privately-owned Hooters directly owns ...

If successful, the same Florida founders who sold off the Hooters brand over two decades ago will retake control after the company undergoes a spin through bankruptcy. Their pitch began last year ...

The move comes as the chain seeks to address $376 million in debt by selling all its company-owned restaurants to a buyer group backed by its original founders. Despite the filing, Hooters promises ...

Hooters will sell all of its company-owned restaurants to a franchise group backed by some of the company’s original founders, the company announced Monday. The privately-owned Hooters directly ...

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 ...