Sun, May 27, 2012, 10:48 PM EDT - U.S. Markets closed

Rick's Cabaret subsidiary purchases two real estate parcels in Dallas-Ft. Worth

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RICK7.920.13

Rick's Cabaret International, through its wholly owned subsidiary, RCI Holdings, has purchased two real estate parcels in Dallas and Ft. Worth. The company paid a total of $5.5M for the two parcels, paying $2M in cash and the remaining $3.5M financed by the seller through a 10 year note at an interest rate of 8%.

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