Rick’s Cabaret International Grows through Acq
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Posted On: 04/11/2013 9:52:50 AM
Rick’s Cabaret International Grows through Acquisitions
Adult entertainment operator, Rick’s Cabaret International (NASDAQ: RICK), announced this week that it has agreed to buy the remaining 50 percent stake in a new adult nightclub in Los Angeles County. Through Rick’s Cabaret subsidiary, it will use 100,000 restricted shares of common stock to make the purchase of the club. The club is located near major Los Angeles area freeways and is expected to open in June...........
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