Tag: Golden Gate Capital
Darden Shareholders “Disappointed” with Red Lobster Transaction
NEW YORK — Darden Restaurants shareholders say they aren’t happy with the Orlando, Fla.-based company’s deal with Golden Gate Capital to sell Red Lobster for $2.1 billion.
Darden Sells Red Lobster
ORLANDO, Fla. — Months after announcing it was pondering the future of its troubled Red Lobster brand, Darden Restaurants has agreed to sell the casual-dining chain to Golden Gate Capital, a San Francisco-based private equity investment firm, for $2.1 billion.
