Seafood restaurant chain Red Lobster has exited Chapter 11 bankruptcy restructuring after completion of its acquisition by RL ...
Red Lobster CEO Damola Adamolekun said Fortress Investment Group's acquisition begins a new chapter for the brand, which ...
Red Lobster filed for bankruptcy protection in May and it led to the closing of dozens of restaurants in the U.S.
Red Lobster officially came out of the bankruptcy process on Monday, with the new CEO Damola Adamolekun calling it the "start ...
Damola Adamolekun now heads up the chain, and its parent company has committed to investing $60 million in improvements ...
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 ...
Red Lobster has closed the book on its bankruptcy and enters a new era with a new captain at the helm. The seafood restaurant ...
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.
Fortress is seeking court approval for RL Investor Holdings LLC to acquire Red Lobster out of bankruptcy Upon court approval of the Red Lobster Chapter 11 plan, Damola Adamolekun will become CEO ...