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Hooters CEO Sal Melilli ‘Cavuto: Cavuto: Coast on the coast will react to the coast of the coast to respond to inflation that accuses inflation.
Hooters announced Monday has bankrupt in chapter 11 – but this does not mean to leave work.
A press release published on Monday night Iconic restaurant chain “Occupational support agreement (RSA) has entered a re-supported support contract (RSA) from the main stakeholder. Chapter 11 allows the bankruptcy protection to be reconstructed.
The transaction “provides the provocation of a sales operation that will facilitate the sustainable operation of the work under the right to new property.
“In particular, the company has reached an agreement to acquire and operate a highly experienced group of French (” Buyer Group “(” Buyer group “).
Hooters, dozens of ‘Sub Defense’ Restaurants containing optimistic for the future: Reports:
Hooters presented 11 bankrupt chapters. (Raymond Boyd / Getty Images)
The buyer group currently includes the original hooters, including two existing hooters, including 30% of local franchised hooters, including 14 of the 30 highest restaurants, including original hooters. “
The news comes more than a month with which the reports are withdrawn in February Hooters were thinking about to file for bankruptcy. Bloomberg referred to less customers as the owe, debt, liquidity problems and the main reasons for the action.
Monday’s press release, American Hooters CEO Salility, Hooters restaurant “here is here to stay here.”
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Hooters’ CEO promised the chain “Stay here.” (Brett Coomer / Houston Chronicle / Getty Images)
“Today’s announcement, to strengthen the Hooters’s Finance Fund and get acquainted with the experience of hospitable hospitality and delicious food, a significant stage of our efforts.
“I have seen the incredible value and opportunities to the life of our brand and look forward to continuing this point for the future.”
Hooters said that they will be open to serve customers and in the restaurants, “he will continue to work in a regular basis during the 11th Chapter.”
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According to Hooters, Bloomberg, the lesser customer as the main reason for debt, liquidity problems and less customer bankruptcy. (Paul J. Richards / AFP / Getty Images)
“As part of the company’s broader job conversion and planning, Hooters, the company’s operation is assessed by the company’s operation as part of the financial institution process to invest its strongest assets. “The company’s current franchise operations, including the United States, do not affect the 11th chapter and will continue to be managed by the company’s franchise and licensing partners.”
