Sales option for Hooters Hotel halted

Knightly, Arnold M.
June 2008
Las Vegas Business Press (10712186);6/16/2008, Vol. 25 Issue 24, pP17
The article reports that tightening credit has caused the Hooter Hotel to terminate its sales option agreement. The entry notes that the investment group Hedwigs Las Vegas Top Tier failed to make its scheduled $500,000 payment and would like to propose a new agreement to buy the property. It cites that Hooters is examining options to continue operating under the current ownership or looking at another sale offer.


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