Seafood restaurant chain Red Lobster has exited Chapter 11 bankruptcy restructuring after completion of its acquisition by RL ...
Damola Adamolekun now heads up the chain, and its parent company has committed to investing $60 million in improvements ...
Red Lobster CEO Damola Adamolekun said Fortress Investment Group's acquisition begins a new chapter for the brand, which ...
Red Lobster completes Chapter 11 exit and acquisition by RL Investor Holdings LLC, poised for growth with $60 million ...
ORLANDO, Fla., Sept. 16, 2024 /PRNewswire/ — The Red Lobster ® restaurant chain today announces its exit from Chapter 11 ...
ORLANDO, Fla., Sept. 16, 2024 /PRNewswire/ -- The Red Lobster ® restaurant chain today announces its exit from Chapter 11 ...
Red Lobster officially came out of the bankruptcy process on Monday, with the new CEO Damola Adamolekun calling it the "start ...
Four months after its Chapter 11 filing, restaurant chain Red Lobster says it has exited bankruptcy led by new management.The ...
Seafood chain Red Lobster has exited Chapter 11 restructuring after approval for a $375 million acquisition by RL Investor ...
Former P.F. Chang’s CEO Damola Adamolekun takes the helm of the resurrected seafood restaurant chain.
As part of our new ownership structure, we have backers who have a history of making successful investments in restaurants.