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On May 12, 2014, Darden announced that as part of the spinoff of Red Lobster, it was converting the co-located Red Lobster and Olive Garden locations into standalone Olive Garden locations. [27] On May 16, 2014, Darden announced that it would be selling the Red Lobster seafood restaurant chain to Golden Gate Capital for US$2.1 billion. [28]
Red Lobster Hospitality, LLC is an American casual dining restaurant chain headquartered in Orlando, Florida.The company has operations across most of the United States (including Puerto Rico and Guam) and Canada, as well as in China, Ecuador, Japan, Malaysia, Mexico, Philippines, Turkey and the United Arab Emirates; as of June 23, 2020, the company had 719 locations worldwide.
Here’s who owns Red Lobster now and more about how the chain began. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail ...
William Bristor Darden (November 17, 1918 – March 29, 1994), known as Bill, was an American businessman and the founder of the Red Lobster restaurant franchise. He is also the namesake of the multi-brand restaurant operator Darden Restaurants , which considers Darden to be its founder.
If Darden Restaurants thought that by agreeing to spin off or sell its Red Lobster brand it would reel in restive shareholders who've been angling for it to carve up its different chains, ...
As the two largest casual-dining chains owned by Darden Restaurants , Olive Garden and Red Lobster are often mentioned by investors in the same breath. But that's all about to change, thanks to ...
In August 1999, Darden Restaurants, Inc. opened the first Smokey Bones restaurant in Orlando, Florida, at the site previously occupied by Red Lobster and close to Darden's headquarters. [5] [6] By June 2001, Darden had opened 8 additional Smokey Bones BBQ Sports Bar restaurants in Florida, the Midwest and Northeast. [7]
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