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What happened to Red Lobster? Chain considering bankruptcy after endless shrimp promotion
The Independent via Yahoo News· 1 day agorestaurant two years later in 1970, before the company split into a restaurant-only firm called...
Private-Equity Firm Roark Cleared to Acquire Sandwich Chain Subway
The Wall Street Journal· 4 days agoSubway, the sandwich chain that was closely held for decades by its founding families, is now...
The demise of Red Lobster is a perfect case study in how to kill a business
Business Insider· 3 days agoIn mid-April, Bloomberg reported the debt-laden seafood chain and home of beloved cheddar biscuits...
Sale of CT-based fast food giant Subway to private equity firm Roark completed
Stamford Advocate· 4 days agoFast-food giant Subway announced Tuesday the completion of the sale of the company to private equity...
CT-based Subway completes $9.6B sale to private equity firm
Hartford Business Journal· 3 days agoFast-food sandwich chain Subway, based in Shelton and Miami, has completed its sale to Roark...
What went wrong at Red Lobster
CNN Business via Yahoo Finance· 1 day agoThe following year, Darden sold Red Lobster to Golden Gate Capital, a private equity firm, for $2.1 billion. To help fund the deal, Red ...
Playa Bowls' owners explore sale of restaurant chain, sources say
Reuters· 4 days ago... are exploring options including a potential sale of the acai bowl chain that could value it at more than $300 million, according to people familiar with...Jersey-based Playa, which is owned by Tamarix Equity Partners and Pacific General Holdings, is working with boutique advisory firm North...
A deep dive into the dying of Red Lobster
Boing Boing· 2 days agoWhen it became clear that seafood chain Red Lobster was headed for bankruptcy, media were eager to blame expensive promotions...billion to Golden Gate...
How California’s minimum-wage law could shrink the Subway sandwich chain to its smallest size in...
New York Post· 5 days agoStarbucks, meanwhile, is closing in as the No. 2 US chain with 16,352 US locations, while McDonald’s...
Private Credit Fundraising Hits Lowest Level Since 2020
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Private credit fundraising scraped the lowest level in any quarter since 2020 as...