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 offer quality adult entertainment with liquor service, which will complement and appeal to markets different from RCI's other brands in the area.

RCI subsidiaries acquired the PT's brand...

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