Red Lobster jumps into value battle

ORLANDO Fla. Amid the casual-dining price wars, Red Lobster has until now kept its powder dry, but it bit the bullet this week with the debut of a $29.99 three-course meal for two.The offer, for which the Darden Restaurants Inc. division has released no end date, includes two salads, two entrees and a choice of either one dessert or one appetizer to share.In an effort to boost traffic in a recession that has hit the casual-dining segment especially hard, Red Lobster joins many of its ...

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