Thursday, December 07, 2006

Save the planet, and pass the chicken wings

The Seminoles are buying the Hard Rock Café.

Not the Florida State University football team. The actual Seminoles.

With approximately $965 million socked away from their existing gambling ventures — including Hard Rock Casino Hotels in Tampa and Hollywood, Florida — the Seminole Tribe of Florida is purchasing the entire Hard Rock franchise — lock, stock, and memorabilia. It's the first time a Native American tribe has bought a major, name-brand corporation.

In the buyout package, the 3,300-member Seminole Tribe will receive title to 124 Hard Rock Cafés, four Hard Rock Hotels, two Hard Rock Casino Hotels, and two Hard Rock Live! concert venues. Not included is the Las Vegas branch of the Hard Rock Hotel, which was sold to another outfit earlier this year.

Apparently, there's no truth to the rumor that the Hard Rock's previous owners, the London-based Rank Group, threw in the remains of Elvis to sweeten the deal.

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