this post was submitted on 23 May 2024
6 points (100.0% liked)
United States | News & Politics
306 readers
4 users here now
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
tl;dr: Private equity. Quoting myself:
Part of the scheme in this case was to make Red Lobster sell off its stores and rent them back at high rates. LA Times:
Thanks Davel!