Darden’s Spinoff Move A ‘Bad Idea’: Starboard – ValueWalk Premium
darden restaurants

Darden’s Spinoff Move A ‘Bad Idea’: Starboard

Darden Restaurants, Inc. (NYSE:DRI)'s move to separate its Red Lobster chain would deprive the parent company of almost half of its real estate, activist investor Starboard Value LP said today.

The activist investor’s Chief Executive Officer was speaking at the Active-Passive Investor Summit in New York.

Meanwhile, citing known sources, CNBC has

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