Red Lobster chain sold for $2.1 billion – New York Daily News

New York Daily News
NEW YORK — Darden Restaurants says it will sell its Red Lobster chain to investment firm Golden Gate Capital in a $2.1 billion cash deal. The company, which also owns Olive Garden, had announced late last year that it planned to either spin off or
Darden to Sell Red Lobster in a $2.1 Billion DealNew York Times
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