Hooters Files for Bankruptcy

This is a Atlanta news story, published by MSN, that relates primarily to Hooters of America news.

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Hooters

Washington Post

•

Business

Business & Economics

Hooters files for bankruptcy, but some restaurants to remain operating

Summary

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80% Informative

The Atlanta -based company, Hooters of America , said it has reached an agreement to sell some of its restaurants to a group of current franchisees.

Hooters began in Clearwater , Florida , in 1983 , pairing fried food with an all-female waitstaff clad in a tight white branded top and tiny orange shorts.

It owes about $376 million , according to court documents.

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formal

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English

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not offensive

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