196

4767 readers

810 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

If you have any questions, feel free to contact us on our matrix channel.

founded 2 years ago

MODERATORS

386

submitted 1 day ago by SoftestSapphic to c/196

34 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] billwashere 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.