The Online Investor
Sporting Goods & Activities M&A image Sporting Goods & Activities M&A » By The Online Investor Staff, updated Sun., Mar. 24, 9:07 PM Recent mergers and acquisitions in the Sporting Goods & Activities M&A category.

Slide #19. Rick's Cabaret International, Inc. Topless Nightclub In Los Angeles County

Acquirer: Rick's Cabaret International, Inc. (NASDAQ:RICK)
Acquiree: Topless Nightclub In Los Angeles County
Details: Rick's Cabaret International, Inc. (NASDAQ:RICK) has completed the acquisition of a new topless nightclub in Los Angeles County that it will open this summer as Vivid Cabaret. The 12,000 square foot club is located in Los Angeles County at 1957 Del Amo Blvd, Rancho Dominguez, CA, just north of Long Beach and convenient to the 405, 110, Gardena and Long Beach freeways.

RCI Hospitality Holdings is a holding company. Through its subsidiaries, Co. operated establishments that provided live adult entertainment, and/or restaurant and bar operations. Co. also operates a business communications company serving adult nightclubs industry. Co.'s operating segments include: Nightclubs, which operates upscale adult nightclubs serving primarily businessmen and personnels; Bombshells Restaurants and Bars, which operates non-adult nightclubs, restaurants, and sports bars; and Media Group, which owns a media division, including the trade magazine serving the adult nightclubs industry and the adult retail products industry.

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Company Name: 
RCI Hospitality Holdings Inc
Stock buyback: 
RICK buyback
Website: 
www.rcihospitality.com
Sector: 
Hotels, Lodging, Restaurants & Travel
Number of ETFs Holding RICK: 
13
Total Market Value Held by ETFs: 
$8.11M
Total Market Capitalization: 
$210.00M
% of Market Cap. Held by ETFs: 
3.86%
 

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Strong Buy (4.00 out of 4)
100th percentile
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