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Imagine being the faggot who ran Red Lobster into the ground
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Date: May 21st, 2024 6:58 AM Author: provocative address The enemy of every black person in America. There is nothing like Red Lobster after Black Church on Sunday. This dude is clearly a white supremacist whoever he is. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679011) |
Date: May 21st, 2024 7:04 AM Author: up-to-no-good burgundy antidepressant drug spot They’re all headed over to Legal Seafood’s. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679013) |
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Date: May 21st, 2024 8:49 AM Author: Twinkling embarrassed to the bone dingle berry legal seafood sucks shit. only thing good is their soup. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679177) |
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Date: May 21st, 2024 7:41 PM Author: Floppy location azn (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47681512) |
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Date: May 21st, 2024 12:27 PM Author: nighttime fortuitous meteor I never saw one outside of New England. What do the joggers in Chicago do after church? (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679852) |
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Date: May 21st, 2024 7:07 AM Author: up-to-no-good burgundy antidepressant drug spot https://www.msnbc.com/opinion/msnbc-opinion/red-lobster-black-community-rcna152584 (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679016) |
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Date: May 21st, 2024 7:08 AM Author: Mind-boggling hyperactive lay doctorate was 50/50 on this being an evan39 link (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679017) |
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Date: May 21st, 2024 9:02 AM Author: Sticky meetinghouse new version (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679201) |
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Date: May 21st, 2024 7:10 AM Author: bateful gold school cafeteria potus didn’t the PE guys who ran it into the ground cash out big time via the real estate? (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679023) |
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Date: May 21st, 2024 7:15 AM Author: Mind-boggling hyperactive lay doctorate of course, they never lose. golden gate capital bought it in 2014. i've never eaten at red lobster in my life until this year, and even i somehow know around that time is the last time red lobster was known to be good. pe ruins all these businesses and cashes out big time for providing the very valuable service of obliterating american institutions and jobs. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679027) |
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Date: May 21st, 2024 7:41 AM Author: bateful gold school cafeteria potus Cohen Benefits
but tbf PE actually saved Olive Garden iirc. was a legendary thread on that |
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Date: May 21st, 2024 7:59 AM Author: Mind-boggling hyperactive lay doctorate PE has like one success out of a 100 and they'll tout that as how they provide value. carl ichan has a interview on youtube where he's listing a handful of businesses that didn't completely fall apart when he exited to be like "see? i'm providing value goy!" (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679098) |
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Date: May 21st, 2024 8:16 AM Author: provocative address One success out of 100 is basically the story of all business. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679123) |
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Date: May 21st, 2024 8:18 AM Author: bateful gold school cafeteria potus if that (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679124) |
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Date: May 21st, 2024 8:24 AM Author: Mind-boggling hyperactive lay doctorate the difference is that they're taking already successful businesses and running them into the ground for personal enrichment, and they have close to 100% success rate on that. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679132) |
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Date: May 21st, 2024 8:47 AM Author: bateful gold school cafeteria potus it is fucked up, but what’s the alternative? I mean without those same types of guys RL and others would have collapsed decades ago
the real problem with late stage capitalism is when the large corporations lobby the govt to squash small business via regulations |
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Date: May 21st, 2024 8:51 AM Author: Mind-boggling hyperactive lay doctorate no they wouldn't have. that's the point. often these acquisitions are hostile.
the whole PE shell game is essentially fraudulent transfers with extra steps. buy a company with money borrowed against it's assets, sell it off for parts to pay the loans and yourself, and walk away. it would be like if i bought a house, sold off pieces of it, and then defaulted on the mortgage.
there are plenty of laws we could make to stop this practice. but the PE class are a part of the ruling class, so we won't. this is just another aspect of people hollowing out america for personal enrichment. |
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Date: May 21st, 2024 9:08 AM Author: bateful gold school cafeteria potus ok tell me how RL would still be around until 2024 without PE freaks
mom and pop owners? Ricky Feckelberg just loves running lame restaurant chains? |
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Date: May 21st, 2024 9:30 AM Author: Mind-boggling hyperactive lay doctorate what do you mean "how"? red lobster was profitable in 2014 when golden gate capital acquired it. why do you think they would suddenly have become unprofitable?
why is cheesecake factory still profitable? seems like a similar mid-range dining chain.
the way PE works is that it acquires a company with high interest rate debt leveraged against the company itself. then it sells off the company and increases profitability by reducing quality and raising prices to pay off the debt and enrich the buyers. but over time the consumer realizes what's going on and stops going. it's literally taking profitable businesses, leveraging the company's goodwill to increase profit in the short term, and then jumping ship when the jig is up. |
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Date: May 21st, 2024 9:55 AM Author: Sticky meetinghouse new version You did not just talk shit about cheesecake factory by comparing it to red lobster bro (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679326) |
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Date: May 21st, 2024 9:58 AM Author: Mind-boggling hyperactive lay doctorate it was just the first publicly traded mid-priced restaurant chain that came up when i googled. they are comparable in that regard.
although i bet before red lobster got raped by PE it was a similar quality experience to cheesecake factory. the amount of white proles lamenting the fall of red lobster because of fond memories going there as a kid indicates it used to be a quality experience. |
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Date: May 21st, 2024 10:04 AM Author: bateful gold school cafeteria potus who were the owners/investors until 2014? (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679357) |
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Date: May 21st, 2024 10:06 AM Author: Mind-boggling hyperactive lay doctorate the founders -- darden.
is this supposed to be some pwn or are you actually incapable of googling it? |
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Date: May 21st, 2024 10:45 AM Author: bateful gold school cafeteria potus Oh, what founders!
“ The initial Red Lobster franchise was applauded by diners and critics alike. The restaurant became successful and by 1970 had expanded to three locations in the state, with two more under construction. While the locations were profitable, the company lacked the resources to expand further. As such, Darden sold the company to food giant General Mills that year.[10] After an extended illness, Darden died on March 29, 1994, at the age of 75.[11] …..
Darden
In 1995, General Mills decided to spin off its restaurant chains to focus on consumer food products. The new company was named Darden Restaurants, after Red Lobster's founder. General Mills stockholders received one share of Darden for every common share of General Mills held. General Mills restaurants had $108 million net income in that year. At the end of 1995, Darden operated 1,250 restaurants in 49 states with 73 locations in Canada.[10] Darden Restaurants was spun off from General Mills beginning on May 9, 1995, when it began trading on the when-issued basis at $9.75 a share.[16] The company became a fully separate entity on May 31, 1995, when its shares went on sale on the NYSE. The shares opened at $10.75, 17% below expectations, but climbed to $11.125 by the close of trading.[17] Darden executives planned to have two additional chains in place by 1998. In March 1996, Darden launched a test of a Bahama Breeze Caribbean Grille concept featuring food and drinks found in the islands of the Caribbean Sea and a Caribbean theme.[10] Markets were oversaturated with restaurants in 1997, forcing Darden to close 48 poorly performing locations and lose $91 million due to the restructuring. Red Lobster and Olive Garden were given makeovers in 1998. Darden also made a profit of $102 million that year.[10]” |
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Date: May 21st, 2024 10:50 AM Author: Mind-boggling hyperactive lay doctorate so we're in agreement that the red lobster was owned by the entity that founded it until it was acquired by PE. and that it was profitable at the time, but now it's filing for bankruptcy while the other restaurants still owned by darden remain profitable? (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679521) |
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Date: May 21st, 2024 10:55 AM Author: bateful gold school cafeteria potus you can’t be this retarded (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679539) |
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Date: May 21st, 2024 11:01 AM Author: Mind-boggling hyperactive lay doctorate ah, the predictable tdnw dismissive adhom when he gets backed into a corner.
i'm sorry that private equity aren't the blessed business saviors you imagine them to be. |
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Date: May 21st, 2024 11:32 AM Author: Razzle-dazzle range nowag "so we're in agreement that the red lobster was owned by the entity that founded it until it was acquired by PE."
i'm confused as to what you're saying but this appears to be plainly false.
Red Lobster Inns of America, Inc. was incorporated in 1968. Red Lobster was sold to General Mills in 1970. At this point, 2 years after its founding, it was no longer owned by the entity that founded it, but instead owned by a big megacorp. Red Lobster was spun off into a separate entity (Darden Restaurants, which honored the original founders but was just a name that large corporate entity general mills picked) by general mills in 1995. Red Lobster was bought by Golden Gate in 2014.
So Red Lobster has been a creature of large scale corporate capitalism for all but 2 of its 56 years of existence. |
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Date: May 21st, 2024 11:35 AM Author: Mind-boggling hyperactive lay doctorate darden (the person) was still involved at general mills. but we're getting into the weeds here. my point is that red lobster was doing fine until it was acquired by PE. and that the restaurants still operated by darden (the entity) are doing fine.
the fact that it was acquired and passed around by other megacorps is irrelevant. my point is that it only failed after it was bought by LBO PE kikes. |
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Date: May 21st, 2024 11:53 AM Author: Razzmatazz becky brunch Is it possible that consumer tastes changed over time and it just wasn't popular anymore? Maybe the firm that bought them knew that the land was more valuable than the brand, and that they could make more money selling shrimp to themselves than making the restaurant profitable? I'm not saying this was the only fate of Red Lobster but what if that's how they looked at it. Business do come and go. Restaurants are extremely competitive. Not everything lasts forever. I personally have never been to a Red Lobster in my life. Just saying oh it's a beloved national brand that ought never die is absurd. Sometimes things just do become unpopular over time. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679745) |
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Date: May 21st, 2024 11:59 AM Author: Mind-boggling hyperactive lay doctorate this would be persuasive if the other similarly situated restaurants suffered the same fate.
the fact is GG and thai made money and red lobster is bankrupt. how does that happen outside of grift? if you buy a profitable company and it goes bankrupt shortly after there is something wrong if you make money on the deal. the fact that consumer expectations changed and business declined just adds fuel to the fire. if this was such a bad investment, how did the investors make money? |
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Date: May 21st, 2024 12:01 PM Author: Razzmatazz becky brunch The writing was on the wall (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679777) |
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Date: May 21st, 2024 12:10 PM Author: Mind-boggling hyperactive lay doctorate cr it was a terrible investment, golden gate are just really dumb investors. but then how did they make money? (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679806) |
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Date: May 21st, 2024 12:11 PM Author: Razzmatazz becky brunch If you can't beat em, deplete em (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679808) |
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Date: May 21st, 2024 12:57 PM Author: bateful gold school cafeteria potus (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679971) |
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Date: May 21st, 2024 9:09 AM Author: Sticky meetinghouse new version (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679221) |
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Date: May 21st, 2024 8:18 AM Author: disrespectful supple university lettuce (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679125) |
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Date: May 21st, 2024 8:50 AM Author: Twinkling embarrassed to the bone dingle berry PE fags also ran burger king into the ground. I remember in like 2012 when they made some 30 yr old kid CEO of the whole thing then closed like 75% of their locations. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679179) |
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Date: May 21st, 2024 8:53 AM Author: Mind-boggling hyperactive lay doctorate i made an effort poast about this once, but in my proletown there was a 180 burger king. since the 90s everything there has gotten worse. the industry that supported everyone was NAFTA'd away. the burgerking that i remember being filled with polite blue-collar proles is now filled with fent addicts. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679184) |
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Date: May 21st, 2024 10:51 AM Author: electric turquoise piazza The issue with Burger King is more franchise variability. Some BKs are good, some are terrible, often just a few miles from each other. I don’t think there is another restaurant with more quality swings by location. Not sure if PE had anything to do with that but it’s been true for as long as I can remember. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679525) |
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Date: May 21st, 2024 10:55 AM Author: Mind-boggling hyperactive lay doctorate anecdotally BK was 180 before PE took over. i suspect that the franchise variability you're talking about is due to PE expanding franchising without maintaining quality standards in the pursuit of short term profits leveraged against the public perception of BK being a quality fast food joint. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679536) |
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Date: May 22nd, 2024 2:15 AM Author: Heady outnumbered home If you think there was a time within the memory of anyone living when all BKs were quality, you have not been to very many BKs and are not qualified to speak on this topic. Huge variability by location is a feature of anything franchised with a large low-income labor force, low prices, low capital requirements, lack of market leadership. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47682429) |
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Date: May 22nd, 2024 5:33 PM Author: nighttime fortuitous meteor Arby's used to be where the adults went on road trips with much complaint from the kids. Granted I'm a prole who used to be dragged all over the country in the back of a woody wagon. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47684181) |
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Date: May 21st, 2024 10:55 AM Author: Twinkling embarrassed to the bone dingle berry "good burger king" vs. "shitty ghetto burger king" is def a real thing (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679538) |
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Date: May 21st, 2024 10:54 AM Author: Twinkling embarrassed to the bone dingle berry some of my fondest childhood memories were in 7th-8th grade once a month we'd have early dismissal so a bunch of us would all walk to a burger king that was nearby. between the feeling of freedom, getting out of school early, and the 180 flame broiled burgers it was a peak time. that location closed down shortly after the PE buyout. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679533) |
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Date: May 21st, 2024 8:25 AM Author: sickened public bath idea he suggested Hedge fund ruined it (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679133) |
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Date: May 21st, 2024 8:37 AM Author: sickened public bath idea he suggested PE company buys Red Lobster. PE company then sells all the land that Red Lobster restaurants are on to other companies owned by same PE company. Other companies then rent the land back to Red Lobster @ 1000% mark up. PE company forces Red Lobster to purchase supplies from other companies owned by PE company @ 1000% mark up. PE company uses Red Lobster to "borrow" $10 billion to pay c-suite guys millions in bonuses. Whoops! Red Lobster flies for bankruptcy. |
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Date: May 21st, 2024 8:43 AM Author: Mind-boggling hyperactive lay doctorate the company that owns red lobster now is a shrimp supplier. the endless shrimp promotion that "tanked" them began shortly after this acquisition.
it's all just blatant flame and lies and we're all just letting it happen. |
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Date: May 21st, 2024 8:48 AM Author: bateful gold school cafeteria potus this is basically the story arc of The Founder except even Ray Croc would be impressed by the rapacious greed (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679174) |
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Date: May 21st, 2024 10:05 AM Author: concupiscible lodge organic girlfriend (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679362) |
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Date: May 21st, 2024 10:22 AM Author: White Marketing Idea This is just the plot of the Sopranos arc with the T1000 when he was a preposterous gambling addict who owned a sporting goods store, except with more Finance Judaism. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679415) |
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Date: May 21st, 2024 12:16 PM Author: Bonkers effete church building (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679822) |
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Date: May 21st, 2024 12:32 PM Author: Mind-boggling hyperactive lay doctorate (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679873) |
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Date: May 21st, 2024 12:31 PM Author: Diverse jewess bawdyhouse (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679868) |
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Date: May 21st, 2024 8:47 AM Author: fragrant violent school Didn't niggers bankrupt Red Lobster by gaming the Endless Shrimp promo (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679173) |
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Date: May 21st, 2024 8:59 AM Author: provocative address No. They survived that shit 10 years ago. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679195) |
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Date: May 21st, 2024 9:04 AM Author: Sticky meetinghouse new version ??? A huge part of the issue here is that they moved it from a seasonal thing (shrewd) to a year long thing (decadent). So instead of being a loss leader that hopefully lead to foot traffic for the rest of the year, it just became a money furnace. Quite possibly because their largest shareholder was also selling them the shrimp ljl (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679207) |
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Date: May 21st, 2024 9:05 AM Author: Mind-boggling hyperactive lay doctorate (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679214) |
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Date: May 21st, 2024 9:08 AM Author: bateful gold school cafeteria potus Yamaguchi out jewed the Jews on that (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679219) |
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Date: May 21st, 2024 9:21 AM Author: Maroon glittery faggot firefighter I read the articles and it's clear to me that PE didn't ruin this business. It was *years* of decline, as consumer preferences changed and they preferred to eat seafood from different restaurants. The only thing keeping RL alive was subsidized rent because they owned the real estate, but for years it's been less successful than some other average replacement business could be on its locations (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679253) |
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Date: May 21st, 2024 10:04 AM Author: bateful gold school cafeteria potus (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679361) |
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Date: May 21st, 2024 10:08 AM Author: Snowy Startled International Law Enforcement Agency (MSNBC Economy Expert Shmuely Finkelblatt) (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679369) |
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Date: May 21st, 2024 10:58 AM Author: hyperventilating macaca (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679546) |
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Date: May 21st, 2024 11:40 AM Author: Obsidian center hissy fit (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679694) |
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Date: May 21st, 2024 1:21 PM Author: Mind-boggling hyperactive lay doctorate (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47680062) |
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Date: May 21st, 2024 10:09 AM Author: Mind-boggling hyperactive lay doctorate ljl at useful idiots like you.
how come all the other mid-range restaurants owned by darden are still up and running? why aren't they declaring bankruptcy?
consumer preferences have changed but not every chain restaurant brand is declaring bankruptcy. only the ones that were raped by PE. |
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Date: May 21st, 2024 10:48 AM Author: Maroon glittery faggot firefighter go back to reddit with "red lobster good, PE evil" you retard. let me know about other casual seafood restaurants that are thriving. red lobster sales have declined massively over the past decade (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679518) |
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Date: May 21st, 2024 10:59 AM Author: Mind-boggling hyperactive lay doctorate legal seafood and bonefish grill. why don't you name some other casual seafood restaurants that are going bankrupt?
you can take your boomer neocon "private equity are glorious job creators!" schtick back to facebook and 2012 you romney GOPe faggot. |
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Date: May 21st, 2024 11:14 AM Author: Maroon glittery faggot firefighter bonefish grill is a great example! thanks for making my point. seafood consumers are moving more upscale. this point is made in every business article written about the red lobster bankruptcy in the past few weeks. there are plenty of situations where PE skinsuits healthy businesses, and cuts costs and continues to fleece consumers on past brand reputation. but red lobster isn't one of them (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679598) |
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Date: May 21st, 2024 11:24 AM Author: Mind-boggling hyperactive lay doctorate why was red lobster profitable in 2014 when acquired and bankrupt now? why are the other restaurants held by darden not bankrupt?
this is one of the most blatant examples of PE grift. golden gate acquired red lobster and then sold it's real estate to a firm owned by golden gate. then it sold red lobster to a thai shrimp company, which started doing endless shrimp promotions to sell as much seafood to red lobster as possible. all while reducing the quality and increasing prices to juice the american people who were relying on a once quality brand.
so what happens? golden gate capital gets richer. thai shrimpers get richer. and the american people lose jobs and a restaurant chain.
how the fuck is our system supposed to work when people can buy companies, pilot them into bankruptcy, and somehow profit off the endeavor? it's blatant grift and the truth of this is obvious -- how else can someone profit when a company they acquire goes bankrupt?
this is just a more sophisticated version of jewish lightening and rubes like you eat it up. |
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Date: May 21st, 2024 11:39 AM Author: Maroon glittery faggot firefighter because over the last 10 years, consumers tastes have shifted to go more upscale for seafood, such as bonefish grill. other restaurants that darden holds are more upscale and/or non-seafood.
if golden gate owns red lobster, there's no conflict to say that real estate was sold to a GG affiliate. instead, as i mentioned up thread, it just removed the implicit subsidy that owned real estate was providing to a declining red lobster business.
i totally grant that thai shrimp equity investor who instructed red lobster to fire competing shrimp purveyors, and changed RL business practices to push more shrimp while losing money, is shady as hell, and may well be a breach of fiduciary duty. but the red lobster business was already declining a ton before the shrimp promotion, this was more of a last gasp hail mary, rather than a fumble when you're already winning the game. |
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Date: May 21st, 2024 11:45 AM Author: Mind-boggling hyperactive lay doctorate go look at the bonefish menu and the red lobster menu. they are equivalent prices. the only reason you consider bonefish "more upscale" is because red lobster has declined in quality. the prices are equivalent. i just spent $150 at red lobster for 2 on sunday.
"if golden gate owns red lobster, there's no conflict to say that real estate was sold to a GG affiliate. instead, as i mentioned up thread, it just removed the implicit subsidy that owned real estate was providing to a declining red lobster business."
lol, just lol.
yeah, there's nothing wrong legally with the way PE works. that's the whole point. they legally destroy american enterprises and jobs for profit. |
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Date: May 21st, 2024 12:18 PM Author: Maroon glittery faggot firefighter "i just spent $150 at red lobster for 2 on sunday."
lol ok
on the real estate, you do know that restaurants are a really hard business, and that getting a sweetheart deal on rent can make or break them, right? my point is simply that average restaurants go out of business all the time. it's a massive advantage (and a huge drag on capex) to own your own business real estate |
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Date: May 21st, 2024 12:29 PM Author: Mind-boggling hyperactive lay doctorate https://i.imgur.com/HKpxfmh.png
why would i lie? $50 entree (split) + $15 app + 2 drinks each ($60) + $15 dessert = $140. i actually paid like $165 after tip but just rounded down.
sure, a sale-leaseback isn't inherently a bad business move. however, when you're doing it with a company you bought with an LBO, and that company winds up going bankrupt shortly after, while you walk away with a profit, i wonder whether it was a "sweetheart deal" and that company was best served by the transaction. |
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Date: May 21st, 2024 2:43 PM Author: Maroon glittery faggot firefighter i'm not accusing you of lying, you've just chosen a funny way to spend your money.
regardless of the valuation of the real estate transfer, red lobster could immediately dividend out 100% of the proceeds of the RE sale. i guess you could say that they signed leases that were too expensive for their declining revenue seafood business |
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Date: May 21st, 2024 2:51 PM Author: Mind-boggling hyperactive lay doctorate yeah it was basically a meme. she went there as a kid and i had never gone. it was shit pure shit and i won't return. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47680308) |
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Date: May 21st, 2024 11:41 AM Author: Big mauve den juggernaut lol @ american politicans letting Jews and asians rape USA (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679699) |
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Date: May 21st, 2024 11:04 AM Author: Insanely creepy crusty national security agency Hey! That’s an MPM champ you’re talking to! (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679562) |
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Date: May 21st, 2024 11:05 AM Author: Mind-boggling hyperactive lay doctorate co-champ, actually. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679565) |
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Date: May 21st, 2024 11:14 AM Author: Insanely creepy crusty national security agency Shut up brown nigger (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679602) |
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Date: May 21st, 2024 11:14 AM Author: Maroon glittery faggot firefighter respectfully, he started it (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679601) |
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Date: May 21st, 2024 10:04 AM Author: concupiscible lodge organic girlfriend https://thezman.com/wordpress/?p=32047 (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679360) |
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Date: May 21st, 2024 10:57 AM Author: Insanely creepy crusty national security agency They got economically deleted because they were owned by Chinese Arabs (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679545) |
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Date: May 21st, 2024 11:00 AM Author: hyperventilating macaca https://youtu.be/ZPtjyqgZAUk?si=7aXFjiQWhUtkNh8K (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679552) |
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Date: May 21st, 2024 11:21 AM Author: Big mauve den juggernaut jfc. It isnt even a PE owned company you retards.
All of you claiming it was PE run is retarded |
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Date: May 21st, 2024 11:25 AM Author: Mind-boggling hyperactive lay doctorate it was bought by PE and recently spun off you blithering idiot. this is how it always works. PE buys it, rapes it, then exits. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679641) |
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Date: May 21st, 2024 11:36 AM Author: Big mauve den juggernaut years ago and the supplier, Thai Union, acquired it before covid or around covid.
Its not the PE shop that ran it for several years.
hth |
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Date: May 21st, 2024 11:26 AM Author: Insanely creepy crusty national security agency You just made a bunch of 80 iq Reddit Indians mad (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679644) |
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Date: May 21st, 2024 11:27 AM Author: Mind-boggling hyperactive lay doctorate you're dickriding PE kikes and won't even take 5 seconds to google whether what you're lisping about is true. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679649) |
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Date: May 21st, 2024 11:35 AM Author: Insanely creepy crusty national security agency I’m not I just hate Indians, redditors, and nigger food
You’re a fucking retard
How are you even a lawyer? |
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Date: May 21st, 2024 11:36 AM Author: Big mauve den juggernaut " Since 2020, seafood distributor Thai Union Group, based in Thailand, has been the largest Red Lobster shareholder. " (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679682) |
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Date: May 21st, 2024 11:47 AM Author: Mind-boggling hyperactive lay doctorate woah cr
who owned red lobster before that and when did it acquire it? as i said, the whole PE gameplan is to rape a business and exit it. then the business goes bankrupt shortly after. which is EXACTLY what happened here. |
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Date: May 21st, 2024 11:56 AM Author: Big mauve den juggernaut shorty after is 4 years later and through covid?
Im not saying the PE firm helped the company, but it was the people running it for the last 4 years that killed it to death |
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Date: May 21st, 2024 12:09 PM Author: Mind-boggling hyperactive lay doctorate on purpose, for profit.
if i beat a man to a bloody pulp and steal his wallet, and you come by and kick him once for good measure and steal his shoes, and then he dies, who is killed him? |
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Date: May 21st, 2024 12:12 PM Author: Bright point ratface (((They))) did (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679810) |
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Date: May 21st, 2024 12:30 PM Author: Mind-boggling hyperactive lay doctorate the kikes and useful idiots defending PE on xo is mindboggling. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679862) |
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Date: May 21st, 2024 3:02 PM Author: Big mauve den juggernaut if you think i have defended PE ITT, you are retarded (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47680350) |
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Date: May 21st, 2024 3:05 PM Author: Mind-boggling hyperactive lay doctorate placing the blame squarely on the thai shrimpers is being a bit of a useful idiot for PE here. but i wasn't referring to you and i recognize that you said GG didn't do them any favors. (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47680359) |
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Date: May 21st, 2024 12:28 PM Author: Bearded Half-breed State What is the market value of the cheddar bay biscuits as a standalone item? Like if Red Lobster were to sell those off to another chain branding and all how much would they get? (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679857) |
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Date: May 21st, 2024 12:33 PM Author: Transparent theater stage (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47679876) |
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Date: May 21st, 2024 1:33 PM Author: bateful gold school cafeteria potus you can buy a case of the mix for $30
https://www.amazon.com/Red-Lobster-Cheddar-Biscuit-11-36-Ounce/dp/B00K7AEABS |
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Date: May 21st, 2024 1:33 PM Author: Mind-boggling hyperactive lay doctorate better stock up (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47680094) |
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Date: May 22nd, 2024 10:34 AM Author: Twinkling embarrassed to the bone dingle berry (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47682959) |
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Date: May 21st, 2024 1:55 PM Author: marvelous corner gunnerattt has some questionable iq takes in general but is spot on about PE raping and discarding chain businesses through lbos in modern GC america. pe loves chain/franchised concepts like harvey weinstein loves up and coming actresses. hard to fathom why anyone is disagreeing with him. red lobster is just another classic example. |
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Date: May 21st, 2024 1:56 PM Author: Mind-boggling hyperactive lay doctorate it is a (((mystery))) why so many poasters are really angry at the israel protests but think leveraged buyouts are ARE strength (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47680168) |
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Date: May 21st, 2024 3:03 PM Author: Big mauve den juggernaut maybe because it wasnt a PE firm that ran the company for the last 4 years? (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47680351) |
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Date: May 21st, 2024 7:37 PM Author: marvelous corner uh huh. did the PE firm cannibalize any of RL's major assets to pay themselves, causing it to incur substantial costs that continued beyond their sale of the company? (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47681498) |
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Date: May 22nd, 2024 10:36 AM Author: Big mauve den juggernaut ya i guess they could have never got over that 1 bump, therefore its certainly the PE's fault! (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47682969) |
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Date: May 21st, 2024 3:08 PM Author: Stimulating Mischievous Private Investor I'm sure he made hundreds of millions of dollar$ doing it so who cares Nature of the assignment (?) |
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Date: May 21st, 2024 4:08 PM Author: lake internet-worthy field mental disorder What claims could enterprising plaintiffs’ lawyers assert and on behalf of whom? Seems like there are minority shareholders’ rights oppressed by the directors/officers picked by Thai Union’s (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47680582) |
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Date: May 21st, 2024 6:22 PM Author: Violet knife theatre https://www.youtube.com/watch?v=CqT-AvswCZo (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47681019) |
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Date: May 22nd, 2024 9:15 AM Author: sickened public bath idea he suggested (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47682757) |
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Date: May 22nd, 2024 10:57 AM Author: Razzle candlestick maker locale Who is taking an 800mg viagra (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47683030) |
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Date: May 22nd, 2024 6:52 PM Author: Sticky meetinghouse new version (guy who knows the proper viagra dosage for SOME REASON) (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47684455) |
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Date: May 22nd, 2024 8:04 PM Author: Maroon glittery faggot firefighter who needs viagra? i just buy rhino pills at the bodega, thanks to EPAH (http://www.autoadmit.com/thread.php?thread_id=5530906&forum_id=2#47684583) |