Analysis

PE-Backed Red Lobster Has Rocky Route To Post-Ch. 11 Profit

By Alex Wittenberg · September 6, 2024, 7:33 PM EDT

With court approval of its reorganization plan secured, Red Lobster will soon exit bankruptcy with new owners, a 35-year-old chief executive, $60 million in fresh funding and about 100 fewer restaurants....

To view the full article, register now.