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Law firm Paul, Weiss, Rifkind, Wharton & Garrison is hiring a top dealmaker Jim Langston from rival firm Cleary Gottlieb Steen & Hamilton as a partner in its mergers and acquisition practice. ... -May 06, 2024 at 05:49 pm EDT - MarketScreener
Red Lobster, the poster child for American seafood, was dragged down by corporate mismanagement, competition and consumer shifts.
In 2003, Red Lobster ran an "Endless Crab" promotion. The all-you-can-eat deal backfired spectacularly.
Red Lobster is now reportedly considering filing for bankruptcy protection to restructure its debt and shed some of its 650 US locations.
General Mills has acquired Edgard & Cooper, a prominent independent premium European pet food brand.