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Stock Market & Financial Investment News

News Breaks
March 26, 2013
09:06 EDTRICKRick's Cabaret agrees to purchase remaining interest in L.A. nightclub
Rick's Cabaret has agreed to purchase through a subsidiary the remaining half of a new topless nightclub in Los Angeles County and will now own 100% of the venue. Under terms of a definitive agreement signed this week, a subsidiary of Rick's Cabaret will use 100,000 restricted shares of common stock of Rick's Cabaret to purchase the 50% of the 12,000 square foot club it did not already own.
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