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Political Factoid

"When a private-equity
firm bought the iconic
seafood chain* in 2014,
it sold the real estate
under the restaurants
for $1.5 billion. 
Then the restaurants
struggled to pay the
rents."
 
  
 
It is called asset piracy.
 
* Red Lobster
 
cf. Harry and David
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Last updated * 2024-05-27
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