On the M & A front . . .
July 20, 2010
In an 8-K filed today, Ricks Cabaret International, Inc., franchiser of “upscale gentlemen’s clubs” across the U.S., announced an asset purchase agreement in which it acquired Jaguar’s Gold Club, an “adult entertainment cabaret” in Fort Worth, Texas. Exhibit 1.3 of the filing is a laundry list of material items that are part of the purchase. Highlights:
Disco balls
Tanning bed
True beer boxes
Strobe lights
Leopard print sofa
Paper shredder
(Insert your own clever punchline here.)
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