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 ...

The group that created the casual-dining breastaurant chain will soon reclaim more than 100 locations out of bankruptcy. On the agenda: ...

After the recent announcement that Hooters of America has filed for Chapter 11 bankruptcy as part of an effort to enable a founder-led buyout and restructuring of the popular restaurant chain ...

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

Hooters' original founders are making a comeback. Find out how they plan to regain control of the iconic restaurant chain. Hooters’ original founders in Clearwater have struck a deal to buy back ...

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 ...

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 ...

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 ...

The intended buyer is a franchise group backed by Hooters' founders, offering a potential path to stability for the embattled chain. Like many of its competitors, Hooters has been struggling ...

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 ...