6min chapter

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Who killed Red Lobster?

Unhedged

CHAPTER

The Decline of Red Lobster and the Proxy Fight

This chapter explores the downfall of Red Lobster, including the costly Endless Shrimp Promotion and ownership disputes with Thai Union. It also delves into a proxy fight involving Darden, Starboard Value, and the controversial decision to sell Red Lobster to a private equity firm.

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