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How private equity rolled Red Lobster
NBC News via Yahoo Finance· 2 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.
Novant launches sale-leaseback initiative with Chicago groups
Winston-Salem Journal· 4 days agoNovant Health said it has commenced a real estate sale and leaseback initiative likely to be worth...
Red Lobster didn’t go bankrupt because of $20 Endless Shrimp alone — 2 factors that helped sink the...
Moneywise via Yahoo Finance· 1 day agoThis meant Red Lobster sold its owned real estate and simultaneously leased it back, transitioning...
This 5.5%-Yielding Dividend Stock Continues to Find Creative Ways to Grow
Motley Fool via Yahoo Finance· 3 days agoFor example, it acquired 38 bowling entertainment centers last year in a sale-leaseback transaction...
Novant Health begins sale, leaseback of 21 properties across Winston-Salem, Charlotte and Wilmington...
The Business Journals· 4 days agoIn the Winston-Salem area, the transactions include its corporate headquarters on Frontis Plaza...
Inside the sale-leaseback data center
Data Center Dynamics· 2 days agoMany enterprise companies in the mid-1990s through mid-2000s built their own data centers, That might seem strange now, but back then, companies did not...
Column: It wasn't just the endless shrimp — Red Lobster's corporate owners drove it into bankruptcy
LA Times via Yahoo Finance· 5 days agoThe private equity firm bought the chain from Darden for $2.1 billion, financing the sale in part by...
How Red Lobster’s misguided endless shrimp promotion drove it into bankruptcy
CNN Business via Yahoo Finance· 6 days agoTo help fund the deal, Red Lobster spun off its real estate assets in a transaction known as a sale ...
Weekend Brief: Hit me with your meme stock
Quartz· 1 day 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...
Private equity and mismanagement: Here's what really killed Red Lobster
Fast Company Magazine· 3 days agoThere are lots of stories you can tell about why Red Lobster declared bankruptcy this week. You can...