Half Dad, Half Misfit: Did you also see the bit where one of their major shareholders Thai Union was also selling them shrimp, and therefore had an incentive for them to buy as much shrimp from them as possible, even if it made a loss edition.cnn.com/2024/05/25/b....

This week's comic: Shell Game

Did you also see the bit where one of their major shareholders Thai Union was also selling them shrimp, and therefore had an incentive for them to buy as much shrimp from them as possible, even if it made a loss edition.cnn.com/2024/05/25/b....

How a global seafood giant broke Red Lobster | CNN Businessedition.cnn.com Thai Union’s damaging decisions drove Red Lobster’s fall, former executives say.

Something something capitalism selling itself the rope something something crustaceans.

That was largely irrelevant. Them being a seafood restaurant was the appeal in Thai Union’s eyes, but the PI buyout and decision to sell off all their land (to help pay for the buyout) and then lease it back was 18 times the loss. Thai Union was just left holding the bag.

hi, are you the ceo of thai union?

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