Red Lobster to exit Chapter 11 soon after judge approves sale to new owner

The green light arrives under just four months after Red Lobster filed for bankruptcy protection as it pursued a sale, following years of mounting losses and dwindling customers while it struggled to keep up with competitors.

  Business   Sep 5, 2024   0   8  Add to Reading List
Red Lobster to exit Chapter 11 soon after judge approves sale to new owner

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Advertise on doacWeb

WhatsApp: 09031633831

To reach more people from NGN1,000 now!

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Advertise on doacWeb

WhatsApp: 09031633831

To reach more people from NGN1,000 now!

The green light arrives under just four months after Red Lobster filed for bankruptcy protection as it pursued a sale, following years of mounting losses and dwindling customers while it struggled to keep up with competitors.
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