Chain Restaurants

Darden selling Red Lobster chain

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Chain Restaurants 30

Darden selling Red Lobster chain

Veggo | May 16, 2014 08:30 AM

to Golden Gate Capital. $2.1 billion for 700 stores. $3 million per restaurant. Seems like a beefy price for a chain that has been losing customers. Someone must have ambitious plans, we'll see.

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