LogFAQs > #980327348

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Topic	Is Red Lobster really going out of business?
DnDer 05/10/24 3:24:07 AM #59:	CADE_FOSTER posted... To raise enough cash to make the deal happen, Golden Gate sold off Red Lobster's real estate to another entity in this case, a company called American Realty Capital Properties and then immediately leased the restaurants back. Isn't that how Toys R Us died? Forced to rent their own property because venture capital bought and sold it to itself? --- What has books ever teached us? -- Captain Afrohead Subject-verb agreement. -- t3h 0n3 <cite>DnDer posted [p:980327348] in Is Red Lob... [t:80764344]...</cite> <quote>CADE_FOSTER posted... </cite><quote>To raise enough cash to make the deal happen, Golden Gate sold off Red Lobster's real estate to another entity in this case, a company called American Realty Capital Properties and then immediately leased the restaurants back.</quote>Isn't that how Toys R Us died? Forced to rent their own property because venture capital bought and sold it to itself? --- What has books ever teached us? -- Captain AfroheadSubject-verb agreement. -- t3h 0n3</quote> ... Copied to Clipboard!
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