Instagram · May 21, 2024
in image^
Axios *
@axios
Red Lobster has filed for Chapter 11
protection.
Follow
Michael McDonald
Follow
..
@ElectProject
A hedge fund bought the company, sold off
all the land Red Lobster restaurants are
located on, leased the land back to Red
Lobster, and jacked the rent. Just so you
know what is really going on here
Axios *
@axios
Red Lobster has filed for Chapter 11
protection.
Follow
Michael McDonald
Follow
..
@ElectProject
A hedge fund bought the company, sold off
all the land Red Lobster restaurants are
located on, leased the land back to Red
Lobster, and jacked the rent. Just so you
know what is really going on here

