Red Lobster Receives Court Approval of Chapter 11 Plan; Nears Exit of Bankruptcy

Under Chapter 11 plan, Red Lobster will be acquired by RL Investor Holdings LLC, an entity backed by Fortress Investment Group ORLANDO, Fla., Sept. 5, 2024 /PRNewswire/ — Red Lobster Management LLC, along with its direct and indirect operating subsidiaries (“Red Lobster” or “the…