Red Lobster files for bankruptcy & confirms it will sell its assets – days after closing dozens of restaurants around US ...Middle East

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Red Lobster files for bankruptcy & confirms it will sell its assets – days after closing dozens of restaurants around US
RED Lobster has officially filed for bankruptcy days after the popular seafood franchise announced the shut down of dozens of restaurants across the country.  In their bankruptcy filing late Sunday, the restaurant announced it would be selling its assets to help restructure the company.  GettyRed Lobster has filed for Chapter 11 Bankruptcy amid financial woes[/caption] GettyThe filing comes days after the seafood franchise closed dozens of locations across the country[/caption] Red Lobster confirmed to the Wall Street Journal that it filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Middle District of Florida.  The company told the outlet that it pl

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