Inside these posts: Hooters

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Private investors buy Hooters, restaurants

A group of private investors is buying the Atlanta-based Hooters of America Inc. and its restaurant chain.

A deal announced Monday will give a consortium of private investors including Charlotte, N.C.-based Chanticleer Holdings Inc. ownership of nearly half of all domestic Hooters restaurants and more than one-third of those worldwide. The sales price was not disclosed. Get the full story »