Re:The Fishy Death of Red Lobster
by DiggyJohnson on Thursday May 02, 2024 @01:37PM
(#40239019)
You're responding as if the person you're replying to wasn't asking a question, but stating a fact. Do you know about the details or even a general outline of the considerations that went into this decision?
[ Parent
| on HN ]
Bluntly, they're irrelevant. Selling off the real estate is a short-term books-juicer that's tantamount to pillaging the contingency fund. Classic corporate raider move.
Re:The Fishy Death of Red Lobster
by DiggyJohnson on Monday May 06, 2024 @11:59AM
(#40276121)
It seems fine to me if the other outcome was an earlier and less-efficient bankruptcy and liquidation.