Maui

Maui

I love movies, working out, snowboarding, camping, good food (BACON!), and MUSIC!!! Full Bio

 

Red Lobster is filing for bankruptcy

You probably saw that Red Lobster is filing for bankruptcy…many are closing, so fewer places to get those cheddar bay biscuits. Some people are saying it was their all-you-can-eat shrimp deal that caused them to fold. Now Buffalo Wild Wings is doing an all-you-can-eat deal on boneless wings and fries for $19.99. The deal is good for dine-in customers every Monday and Wednesday. 

In this week's Chapter 11 filing, Red Lobster says it has a prearranged bid, known as a "stalking horse" bid, from its lenders to buy out the chain, unless it receives a higher rival bid.

It seems that Buffalo Wild Wings doesn’t want to end up like Red Lobster. They posted their all-you-can-eat promo on Instagram with the caption “please don’t bankrupt us!” 

Read more here.

Red Lobster restaurant in Ottawa, Canada

Photo: PaulMcKinnon / iStock Editorial / Getty Images


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