Friday, January 28, 2011

Who's really buying Hooters?

Hooters of America yesterday announced that it had agreed to be acquired by�Chanticleer Holdings LLC (CCLR), a North Carolina-based business development company. But here's the thing: I'm told that the beer, boob and wing chain was sold for more than $200 million.�Chanticleer, on the other hand, has a market cap south of $7 million. So [...]

Source: http://finance.fortune.cnn.com/2011/01/26/whos-really-buying-hooters/

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