Tag Archive | Chuck Ledsinger

Darden Announces Sale of Red Lobster to Golden Gate Capital for $2.1 Billion

Darden Restaurants, Inc. (NYSE: DRI) today announced that it has entered into a definitive agreement to sell its Red Lobster business and certain other related assets and assumed liabilities to Golden Gate Capital for $2.1 billion in cash. Darden expects to receive net cash proceeds, after tax and transaction costs, […]

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