On October 1, 2024, James Bowen, Director at FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FTHY, Financial), purchased 12,130 shares of the company. This transaction was documented in an SEC Filing.
May 19 (Reuters) - * RED LOBSTER FILES VOLUNTARY CHAPTER 11 PETITIONS TO STRENGTHEN FINANCIAL POSITION AND MAXIMIZE VALUE FOR STAKEHOLDERS * RED LOBSTER - RESTRUCTURING TO OPTIMIZE REAL ESTATE FOOTPRINT AND FACILITATE GOING CONCERN SALE * RED LOBSTER - RED LOBSTER'S RESTAURANTS WILL REMAIN OPEN AND OPERATING AS USUAL DURING CHAPTER 11 PROCESS * RED LOBSTER- COMPANY WORKING WITH VENDORS TO ENSURE THAT OPERATIONS ARE UNAFFECTED * RED LOBSTER- HAS RECEIVED A $100 MILLION DEBTOR-IN-POSSESSION ("DIP") FINANCING COMMITMENT FROM ITS EXISTING LENDERS * RED LOBSTER - ENTERED INTO STALKING HORSE PURCHASE AGREEMENT PURSUANT WHICH CO WILL SELL BUSINESS TO AN ENTITY FORMED, CONTROLLED BY EXISTING TERM LENDERS Source text for Eikon: