CNBC looks at private equity's expanding reach into the restaurant industry and the strategies they use to improve a business' profitability. But they aren't always as successful as initially intended. Like in the case of Red Lobster and TGI Fridays. Watch the video to learn more....
Similarly, Eric Snyder, head of bankruptcy for New York-based firm Wilk Auslander LLP, told FOX Business the "shrimp deal excuse is a smoke screen," arguing "Red Lobster filed because of financial issues made worse by excessive debt and ownership turnover in two words: private equity." GET ...
as Thurman also points out,don’t bankrupt yourself on a momentary positive impulse. First of all, a large or expensive gift doesn’t necessarily have any emotional attachment. Sometimes a small but thoughtful thing, even something that might appear trivial to someone from the outside, holds th...