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flag Hulk Hogan's company plans to bid for Hooters' brand rights to produce merchandise and goods.

flag Hulk Hogan's Real American Beer is planning to bid for Hooters' intellectual property to produce and distribute Hooters-branded merchandise, food, and beverages, without acquiring or operating the restaurants. flag The move comes as Hooters of America, currently owned by private equity firms and in Chapter 11 bankruptcy, seeks to restructure. flag Hogan aims to modernize the brand while retaining its identity.

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