How private equity played a role in Red Lobster and TGI Fridays bankruptcies
cnbc.com/2025/02/25/red-lobster-tgi-fridays-bankruptcies-private-equity.htmlIn 2024, 21 restaurant and bar chains filed for bankruptcy. Ten of those had been backed by private equity, according to PitchBook.
This story appeared on cnbc.com, 2025-02-25 13:00:01.