Red Lobster real estate changes hands again

Red Lobster real estate changes hands again

Golden Gate Capital, which bought Red Lobster last year, buys some of its real estate back

The private-equity group that bought Red Lobster last year and quickly sold its real estate is now buying some of that real estate back.
 
Golden Gate Capital, which bought Red Lobster from Darden Restaurants Inc. for $2.1 billion, and then sold that real estate to VEREIT for $1.5 billion, has now agreed to acquire $204 million of Red Lobster real estate back from the firm.
 
In addition, San Francisco-based Golden Gate has agreed to help VEREIT, a real estate investme

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