Vanguard turned down a purchase plan from an investment group led by Robert Brooks, chairman of the Hooters restaurant chain -- known for its scantily clad waitresses -- whose symbol is an owl. The bankrupt Kansas City-based airline, which did not return calls, determined the offer was "inadequate," the Associated Press reported. Creditors concurred with the decision by Vanguard's board. "I regret that the Vanguard board has declined our offer," Brooks said. "We spent over ...


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