Red Lobster exits bankruptcy
Red Lobster is back; CEO plots future for seafood chain
Red Lobster officially came out of the bankruptcy process on Monday, with the new CEO Damola Adamolekun calling it the "start of a new chapter" for the seafood restaurant chain.
Fans rejoice as Red Lobster exits bankruptcy with new owners
Fans rejoice as Red Lobster exits bankruptcy with new owners - The seafood chain announced it was filing for bankrupcy in May
Red Lobster exits bankruptcy with new owner and CEO
Damola Adamolekun now heads up the chain, and its parent company has committed to investing $60 million in improvements
Red Lobster Emerges from Bankruptcy, Officially Names New CEO
Red Lobster has closed the book on its bankruptcy and enters a new era with a new captain at the helm. The seafood restaurant chain announced its exit from Chapter 11 bankruptcy and the completion of its acquisition by RL Investor Holdings LLC.
Red Lobster Revival? Restaurant Chain Exits Bankruptcy With $60M In New Funding, New CEO
Four months after its Chapter 11 filing, restaurant chain Red Lobster says it has exited bankruptcy led by new management. The company announced on Monday, Sept. 16 that it's been acquired by lender group RL Investor Holdings with $60 million in new funding backed by Fortress Investment Group.
Red Lobster Exits Bankruptcy As New Owner Commits To More Than $60M In Funding
Red Lobster CEO Damola Adamolekun said Fortress Investment Group's acquisition begins a new chapter for the brand, which filed for bankruptcy in May.
I went to Red Lobster and saw why the chain has struggled — and what it could change
Red Lobster has gone through bankruptcy and a fiasco over its endless shrimp special. Here's what its like to dine at one of the chain's restaurants.
Red Lobster exits Chapter 11 with former P.F. Chang’s CEO at the helm
ORLANDO, Fla., Sept. 16, 2024 /PRNewswire/ — The Red Lobster ® restaurant chain today announces its exit from Chapter 11 restructuring and the completion of its acquisition by RL Investor Holdings LLC.
Red Lobster claws its way out of bankruptcy; Amazon calls workers back to the office
The new CEO is Damola Adamolekun, former chief executive of P.F. Chang's. He was previously appointed to head RL Investor Holdings, the newly formed entity that acquired Red Lobster. He previously said that the long-term investment plan included a commitment of more than $60 million in funding.
Red Lobster exits Chapter 11 bankruptcy protection
Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.
Red Lobster officially exits bankruptcy with a fresh start
The Red Lobster restaurant chain announces that it exited Chapter 11 restructuring and closed on its acquisition by RL Investor Holdings LLC. RL Investor Holdings LLC is an entity created by funds managed by affiliates of Fortress Investment Group,
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