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Representative image illustrating rising takeover speculation around Papa John’s International, Inc., as renewed private equity interest and a reported $65-per-share bid from TriArtisan Capital Advisors push the PZZA stock back into focus amid ongoing turnaround efforts.

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Hooters founders lead $700m turnaround with buyout of 100+ restaurants from Hooters of America

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Restaurant Industry News

Hooters founders lead $700m turnaround with buyout of 100+ restaurants from Hooters of America

Hooters Inc. and Hoot Owl Restaurants LLC advance acquisition of over 100 Hooters of America locations as restructuring nears August 2025 close.

byPallavi Madhiraju

June 7, 2025

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