Fri, 07 September 2007 12:00:00 ET

Nick Lachey is set to open his own restaurant. The former 'Newlyweds' star is going into business with Nicky Hilton and Wilmer Valderrama to open an American-style restaurant at Las Vegas' Luxor Hotel and Casino.
A source said: "It's going to be called the Company American Bistro. Nicky and Wilmer will be Nick's co-owners but the whole project is in partnership with Pure Management Group. They're opening in October."
Nicky, the younger sister of Paris Hilton, is a successful business woman and already owns her own chain of hotels. Actor Valderrama, 27, is a notorious party boy who has previously dated Mandy Moore and Lindsay Lohan. Lachey, 33, is a former boyband singer and ex-husband of Jessica Simpson. He is currently dating TV presenter and aspiring actress Vanessa Minnillo.
Nick is the latest in a long line of celebrities to open his own eatery. Justin Timberlake's newly- aunched New York restaurant 'Southern Hospitality' offers traditional Memphis-style recipes "like Mamma used to make".
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