Red Lobster files for Chapter 11 bankruptcy - The Great Awakening

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Red Lobster files for Chapter 11 bankruptcy (www.cnbc.com)

posted 188 days ago by DarQ2light 188 days ago by DarQ2light +48 / -0

Red Lobster files for Chapter 11 bankruptcy protection

A disastrous "endless shrimp" promotion and a lease-back agreement orchestrated by Red Lobster's previous private equity owners contributed to its demise.

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– Pbman2 3 points 187 days ago +3 / -0

Celler boxing is shorting the stock and pushing the company to bankruptcy. Then they never have to pay taxes,cause they never close the position with a buy.

BCG is Boston consulting group. Companies being shorted hire them to make really bad management decisions for them.

SHF Is short hedge fund.

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