Front Burner Restaurants Inc., parent to the Twin Peaks chain, will announce later today that an investment group led by six former executives of competitor Hooters, including former CEO Coby Brooks, has signed a deal to develop as many as 35 units, sources close the company say. Brooks, the new franchise group’s majority partner, is the son of late Hooters of America LLC owner Robert H. Brooks and until last month was chief executive of Atlanta-based Hooters. Twin Peaks, a ...

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