Hooters Inc. and Hoot Owl Restaurants LLC, Two Leading Hooters Franchisees, Reach Historic Transaction with Hooters of America

CLEARWATER, Fla., March 31, 2025 /PRNewswire/ — Hooters Inc., in partnership with another successful Hooters franchisee, Hoot Owl Restaurants LLC (together, the “Buyer Group”), has reached an agreement in principle with Hooters of America, LLC and certain of its affiliates (collectively,…