Canada
Red Lobster survives bankruptcy with 544 locations still operating
Red Lobster emerges from Chapter 11 bankruptcy with 544 locations in the U.S. and Canada.
Red Lobster is set to coming out of Chapter 11 bankruptcy with its business still in operation. A U.S. bankruptcy judge approved the casual seafood chain's reorganization plan and sale to a lender group led by asset manager Fortress. Red Lobster file... [1539 chars]