Washington Post: Who’ll Miss a Red Lobster?

Image

From The Washington Post’s Style Blog:

Some investors reacted negatively to Friday’s announcement that Darden will sell the Red Lobster restaurant chain to a private equity firm for $2.1 billion.

Wall Street bankers and lawyers can argue over the wisdom of dumping the seafood restaurants for quick cash — but leave it to a novelist to consider the real cost for workers as they’re forced to deal with the upheaval of new corporate management.

[more]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s