NetworkNewsBreaks – Chanticleer Holdings, Inc. (NASDAQ: HOTR) Inks Deal with Franchisee for 8 Little Big Burger Locations in Southern CA; Shares Climb
Shares of Chanticleer Holdings (NASDAQ: HOTR) are up more than 37% mid-day after the owner and operator of multiple international and domestic restaurant brands said it has signed a multi-unit franchise deal with LBBIG LLC to open a minimum of eight Little Big Burger locations in Southern California by 2021. LBBIG is an owner and operator of more than 10 restaurants in the San Diego and Los Angeles markets. Additionally, the founder of LBBIG is a large investor in Chanticleer as a recent lead investor in the company's debenture private placement. "We are excited to expand Little Big Burger's presence…