Hooters files for Chapter 11 as franchisees step in to buy locations

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The company said none of its restaurants will be closing. Instead, it plans to sell off the 100 company-owned locations to franchisees.

Read more: https://www.kvue.com/article/news/nation-world/hooters-bankruptcy/507-3244840d-07cb-4eee-a351-829dbd3f1189

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