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Chanticleer Holdings Inc announces acquisition of two Hooters restaurants


Thursday, 2 Jan 2014 10:24am EST 

Chanticleer Holdings Inc:Says it has executed an Agreement and Plan of Merger (the Merger Agreement) for the acquisition of two Hooters restaurants in the U.S. Pacific Northwest.Says it has executed the Meger Agreement to acquire 100 percent of the shares of Tacoma Wings, LLC and Hooters of Oregon Partners, LLC, owners and operators of the two locations in Portland, OR and Tacoma, WA.Says all leasehold and current franchise rights to the Hooters locations in Oregon and Washington will be transferred to the company, with final closing expected to occur before Jan. 31, 2014. 

Company Quote

1.99
0.17 +9.34%
4:00pm EDT