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Red Lobster Cleared to Exit Bankruptcy Under New Owner Fortress

Red Lobster Management won court approval to leave bankruptcy under new ownership led by Fortress Investment Group, giving the iconic seafood chain a chance at revival after filing Chapter 11 about three months ago.


  • Sep 05 2024
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Red Lobster Cleared to Exit Bankruptcy Under New Owner Fortress
Red Lobster Cleared to Exit Bankruptcy Under New Owner Fortress
(Bloomberg) — Red Lobster Management won court approval to leave bankruptcy under new ownership led by Fortress Investment Group, giving the iconic seafood chain a chance at revival after filing Chapter 11 about three months ago. Read More

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