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Restaurant chain Hooters files for bankruptcy to enable founder-led buyout
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Restaurant chain Hooters files for bankruptcy to enable founder-led buyout
Mar 31, 2025 4:08 PM

NEW YORK, March 31 (Reuters) - 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.

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