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Weekend Brief: Hit me with your meme stock
Quartz· 3 hours agoIn a nutshell, private equity firm Golden Gate Capital bought Red Lobster and sold off all the buildings housing the restaurants to a real estate ...
Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M...
Fortune via Yahoo Finance· 4 days agoElsewhere, the boss added, the company is spending eye-watering sums on leasing stores which aren't...
Investment firm 777 sells US insurance business to Knighthead
Semafor via Yahoo Finance· 2 days agoThe Scoop 777, the investment firm and sports buyer now fending off angry creditors, has sold one of...
How a global seafood giant broke Red Lobster
CNN Business via Yahoo Finance· 5 hours agoRed Lobster also slowed investments in dining room upgrades, raised prices and cut labor under Thai Union, former...annual customer count has dropped by...
Red Lobster files for bankruptcy
CNN Business via Yahoo Finance· 5 days agoRed Lobster, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world,...
Red Lobster seeks bankruptcy protection days after closing dozens of restaurants
Pittsburgh Tribune-Review· 5 days agoRed Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn...
It wasn't the endless shrimp that doomed Red Lobster. How private equity pinched the seafood chain.
NBC Universal via AOL· 22 hours agoWhen a private-equity firm bought Red Lobster in 2014, it sold the land under the restaurants for...
C1, formerly ConvergeOne, says court OKs bankruptcy restructuring - Minneapolis / St. Paul Business...
The Business Journals· 1 day agoC1, a Bloomington, Minnesota-based technology services firm, said Friday that a U.S. Bankruptcy...
Column: It wasn't just the endless shrimp — Red Lobster's corporate owners drove it into bankruptcy
LA Times via Yahoo Finance· 4 days agoThis was a sale-leaseback transaction, in which Red...insurance. Red Lobster thus lost a great deal...
Red Lobster Officially Files for Chapter 11 Bankruptcy — Here’s What to Know
Food & Wine via Yahoo Finance· 5 days agoMeanwhile, when companies file for Chapter 7 bankruptcy, it often means the liquidation and sale of...
