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submitted 1 day ago by [email protected] to c/[email protected]

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[–] [email protected] 14 points 1 day ago (1 children)

Wait … hooters went bankrupt!!?!

[–] [email protected] 18 points 1 day ago* (last edited 1 day ago)

Hooters was obtained by a private equity firm in 2019. The $300 million it owes are unpaid bonds

Looks like another victim of private equity asset stripping to me.