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Kim Perales

Hedge funds, PE firms... are vultures, employees are the 1st to go:

"A hedge fund bought the co, sold off all the land Red Lobster restaurants are located on, leased the land back to Red Lobster, & jacked the rent. Just so you know what is really going on here."
-M McDonald

Darden sold Red Lobster in 2014 to private equity firm Golden Gate Capital for $2.1B. It parted with its remaining stake in the chain in 2020, selling to Thai Union Group.


axios.com/2024/05/20/red-lobst

Axios · Seafood chain Red Lobster files for bankruptcyBy Richard Collings
May 20, 2024, 01:44 PM·Public·Web
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