Financing
Proposed TGI Fridays sale is no home run, but has promise for both sides
The $220 million all-stock deal would get Fridays’ owner TriArtisan out of its decade-long investment and give the struggling chain a like-minded partner in franchisee Hostmore, experts say.
Financing
Red Lobster is struggling to pay its bills, vendors say
Credit data confirms the seafood chain has a large number of overdue balances as it reportedly considers a bankruptcy filing.