(JeepersMedia)

Darden Restaurants Selling Off Red Lobster Chain For $2.1 Billion

As was foretold back in December, Darden Restaurants is chucking its catch back into the sea, and getting a nice chunk of change for it: The company announced that it’s selling seafood chain Red Lobster off to investment firm Golden Gate Capital for $2.1 billion in cash. [More]