Update: Guardian Liberty Voice received a letter from Red Lobster parent company Darden saying Red Lobster will not be closing. However, their official press release says they expect the chain will be sold or spun off. Due to
Darden Restaurants said it would sell or spin off its Red Lobster business, buckling under pressure from activist investor Barington
A spokeswoman for Darden Restaurants, the Orlando, Fla. company that owns the Red Lobster chain, said Thursday that the rumors were false. But in a statement released last week, the company did say it plans to sell or "spin off" its 705 Red Lobster
The Red Lobster restaurant chain today brushed aside reports that it will be closing its doors. Rich Jeffers, a spokesman for Darden Restaurants Inc., which owns the chain, said the rumor may have started after the website LA Weekly published a story
Red Lobster is closing down across the country, according to rampant Internet rumors about its demise, although its parent company says otherwise. Owner Darden Restaurants has been trying to quash false reports since Christmas that Red Lobster is
Red Lobster Says It's Not Closing Its 705 Restaurants
