Sunday, November 24, 2024
HomeseafoodCrimson Lobster sale attracts nearer as chapter public sale scrapped with out...

Crimson Lobster sale attracts nearer as chapter public sale scrapped with out contest


The bankrupt US seafood chain has asked a court to approve its sale to ‘stalking horse’ bidder Fortress Investment. An approval hearing is set for July 29.

Red Lobster is likely to be sold to Fortress Investment Group by the end of this month.
Crimson Lobster is prone to be bought to Fortress Funding Group by the top of this month.Picture: Tada Photos / Shutterstock.com

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