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Mergers & Acquisitions

May 20, 2014

Kirkland helps private equity firm buy Red Lobster chain for $2.1 billion

San Francisco-based private equity firm Golden Gate Capital acquired the Red Lobster restaurant chain for $2.1 billion in a deal announced Friday with counsel from Kirkland & Ellis LLP.


By Dominic Fracassa


Daily Journal Staff Writer


San Francisco-based private equity firm Golden Gate Capital said Friday it acquired the Red Lobster restaurant chain for $2.1 billion in cash with counsel from Kirkland & Ellis LLP.


In a statement, Red Lobster's former owner, restaurant chain conglomerate Darden Restaurants Inc., said the company and its advisers had been in talks with "a broad universe of potential financial and stra...

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