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Red Lobster being sold for .1 billion
CNNMoney Darden Restaurants inked a .1 billion deal on Friday to unload its struggling Red Lobster business to Golden Gate Capital. Golden Gate may be able to inject some new life into Red Lobster, but the deal is likely to rile up Darden (DRI, Fortune 500) investors … Who'll miss a Red Lobster? Daily Wrap: Rough day for wrestling and Red Lobster [St. Louis Post-Dispatch :: ] Darden to sell Red Lobster for .1 billion |