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Did Darden Sell Red Lobster? [Solved]

Darden Restaurants on Friday said it agreed to sell its struggling Red Lobster restaurant chain to Golden Gate Capital for $2.1 billion. The company said it expects net cash proceeds of about $1.6 billion, of which about $1 billion would be used to retire debt.16 May 2014

Darden to Sell Red Lobster Chain For $2.1 Billion to Private Equity Firm

Darden

Darden looking to spin off or sell Red Lobster

Darden

darden selling red lobster

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