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How private equity rolled Red Lobster
NBC News via Yahoo Finance· 3 days agoWhen a private-equity firm bought Red Lobster in 2014, it sold the land under the restaurants for $1.5 billion. Now the restaurants can't pay the rent.
College sports should learn from Red Lobster's mistakes and avoid the private equity bros
USA Today· 4 days agoprivate equity did what private equity does. It sold off the company’s land to a real estate...
Red Lobster closings dot the country. We mapped out where all 99 are located.
USA Today· 5 days agoRed Lobster filed for Chapter 11 bankruptcy in Florida on Sunday. Here's a list of the company's restaurant locations that are closed.
Red Lobster Seeks Bankruptcy Protection After Closing Dozens Of Restaurants
The Post-Journal· 22 hours agoA Red Lobster restaurant is seen in Schaumburg, Ill., Monday, May 20, 2024. Red Lobster is seeking...
Private equity and mismanagement: Here's what really killed Red Lobster
Fast Company Magazine· 5 days agoThere are lots of stories you can tell about why Red Lobster declared bankruptcy this week. You can...
Cost-cutting, private equity and piles of shrimp: What really drove Red Lobster into bankruptcy
The Independent via Yahoo News· 6 days agoThe famous seafood chain lost $11m on a disastrous ‘endless shrimp’ deal. But bankruptcy documents...
Private Equity May Score a Stake in NFL Franchises | Entrepreneur
Entrpreneur· 7 days agoInstitutional capital, including private equity, pension funds and sovereign wealth funds, are...
Column: It wasn't just the endless shrimp — Red Lobster's corporate owners drove it into bankruptcy
LA Times via Yahoo Finance· 6 days agoThe private equity firm bought the chain from Darden for $2.1 billion, financing the sale in part by...
Red Lobster's owner once said the business left such a 'big scar' on him that he had to 'stop eating...
Business Insider· 21 hours agoThis story is available exclusively to Business Insider subscribers. Become an Insider and start...
How to get Red Lobster's best dishes locally — if it goes out of business
The Bergen Record via Yahoo News· 3 days agoIt's a bad week for Red Lobster lovers, as the nautical restaurant chain has recently filed for...