CHARLOTTE N.C. Chanticleer Holdings Inc., which in March agreed to buy 22-unit franchisee Hooters Inc. in Florida for $55.1 million, on Tuesday said it was buying the assets of Dallas-based Texas Wings, a 45-unit Hooters franchisee, for $106 million. The investment firm said both acquisitions are expected to close during the current quarter, and that the Texas Wings buyout would be for $53 million in cash, $37 million in Chanticleer stock and convertible notes whose principal is about ...
It’s free but we need to know a little about you to continually improve our content.
Why Register?
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!