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Hooters of America files for bankruptcy to address $376m debt

Upworthy Tuesday, 1 April 2025 ()
Restaurant chain Hooters of America (HOA) has filed for bankruptcy in the US state of Texas, aiming to tackle its $376m debt by selling all its corporate-owned restaurants to a buyer group. The group consists of two existing Hooters franchisees one of which is Hooters Inc, the founders of the…
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