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Darden To Sell Red Lobster For $2.1 Billion To Private Equity Firm

Golden Gate Capital will acquire the restaurant chain as Darden pursues restructuring while under pressure from activist hedge funds. View this image ” Keith Bedford / Reuters / Reuters The Times Square Red Lobster restaurant in New York, June 23, 2010. 6 more words

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Red Lobster sales jumped 30% thanks to a Beyoncé lyric about eating there after sex

BeyoncĂ©’s Midas touch sent Red Lobster’s sales skyrocketing on Super Bowl Sunday this year after she name-dropped the American seafood chain in a surprise single… 188 more words