How private equity played a role in Red Lobster an... CNBC

How private equity played a role in Red Lobster and TGI Fridays bankruptcies

Source: CNBC | Published: February 25, 2025, 1:00 p.m.

In 2024, 21 restaurant and bar chains filed for bankruptcy. Ten of those had been backed by private equity, according to PitchBook.
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