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2024-05-21 04:54:28

Dan Gillmor on Nostr: Meet the "private equity" people who did so much to drive Red Lobster into the ground ...

Meet the "private equity" people who did so much to drive Red Lobster into the ground -- the top executives at Golden Gate Capital.

https://goldengatecap.com/team/?_sft_function=operating-executives

They sold off the restaurant real estate to help pay for the buyout, and leased it back at what the bankruptcy filing describes as "priced above market rates."

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