WhereDaily News: Chanticleer Holdings Expands Hooters Franchise Agreement in Brazil

CHARLOTTE, NC--(Marketwired - December 04, 2013) - Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer Holdings" or "the Company"), a minority owner in the privately held parent company of the Hooters® brand, Hooters of America, and a franchisee of international Hooters restaurants, today announced the expansion of its Hooters franchise agreement previously announced in March 2012. The Company has partnered with Wings Brasil Restaurante Ltda., which currently manages three Hooters locations in São Paulo, to form joint venture company, Chanticleer & Wings Brasil Foods Participacoes Ltda. ("CWBF"), of which Chanticleer owns 60% of the operating entity.

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