Overview

• Real American Beer, founded by Hulk Hogan, plans to submit an all-cash bid for Hooters' intellectual property, pending bankruptcy court approval.
• The acquisition would focus on licensing the Hooters brand back to restaurants while expanding into merchandise, digital content, gaming, and consumer products.
• Hogan's company emphasizes Hooters as a symbol of Americana, aiming to modernize its appeal for new generations without altering its core identity.
• Hooters of America filed for Chapter 11 bankruptcy in March 2025, restructuring its debts while keeping restaurants operational.
• Both Hogan and Hooters trace their roots to Clearwater, Florida, highlighting a personal and historical connection in this potential deal.