It wasn't the endless shrimp that pinched Red Lobster. How private equity rolled the seafood chain.
When 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.
from NBC News Top Stories https://ift.tt/7arZyt2
from NBC News Top Stories https://ift.tt/7arZyt2
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