Deal snapshot: RCI Acquires Adult Nightclub in Texas.

MANews-(C)2009-2022

Texas-based RCI Hospitality Holdings, Inc. (NASDAQ: RICK), operating in the adult club industry, has closed on purchase agreements that will enable subsidiaries to open a third adult nightclub in Ector County, Texas, the company said.

Terms of the transaction were not disclosed. The new club will be branded as a PT's Showclub. It will...

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