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Why Did Darden Sell Red Lobster? [Solved]

The sale of Red Lobster is the culmination of a robust competitive process that enabled Darden to maximize the value of Red Lobster, eliminate the risks and volatility associated with continuing to own the business, and provide a realistic market-validated valuation of Darden’s real estate assets.28 Jul 2014

Darden looking to spin off or sell Red Lobster

Darden

Darden to Sell Red Lobster Chain For $2.1 Billion to Private Equity Firm

Darden

Red Lobster - The Fantastic Story

There’s quite a story behind