True to its word, Darden Restaurants ' new Starboard-controlled ..... field management for the Olive Garden and LongHorn brands ..... to optimize no-moat Darden 's cost structure in ..... of these efforts from Darden 's third-quarter update
Nov 13 (Reuters) - Darden Restaurants Inc said it would revise management pay, ditch its poison pill and make it easier for shareholders to call special meetings as activist investor Starboard Value LP puts its stamp on the owner of the Olive Garden restaurant chain.
Oct 14 (Reuters) - Darden Restaurants Inc on Tuesday announced new leadership following a board coup ..... Starboard Value LP, whose recipe for fixing the company's ailing Olive Garden chain included salting pasta water, doling out fewer free
Oct 14 (Reuters) - Darden Restaurants Inc said Chief Operating Officer Gene Lee would take over as its interim chief executive, replacing Clarence Otis.
Darden Restaurants DRI announced ..... spin-off of Darden 's Specialty ..... locations, Darden 's casual ..... Nevertheless, Darden 's scale and ..... pronounced at Olive Garden (60% of revenue ..... the sale of Red Lobster ), where traffic
ORLANDO/LOS ANGELES, Oct 10 (Reuters) - Activist shareholder Starboard Value LP won its standoff with Darden Restaurants Inc , convincing shareholders to replace the entire board of the Olive Garden parent, a rare victory for dissident investors.
(Adds Darden Restaurants , Fidelity, Lanco Infratech, Twenty-First Century Fox, Reliance Industries, Unicredit and Tieto)
ORLANDO/LOS ANGELES (Reuters) - Darden Restaurants Inc lost its standoff with activist shareholder Starboard Value LP at its annual meeting on Friday, when stakeholders tossed out the Olive Garden parent's entire board in a rare victory for dissident investors.
Oct 10 (Reuters) - The showdown between Darden Restaurants Inc and activist investor Starboard Value LC will come to a boil at the company's annual meeting on Friday, where the Olive Garden parent is expected to at minimum lose control of its board.
66.40% 36.90% 34.71% 21.27% SeaDrill Limited SDRL 5 14.65% 23.11% 28.86% 34.53% 14.65% Darden Restaurants DRI 9 4.28% 17.18% 26.86% 26.82% 42.92% Marketing Alliance Inc. MAAL 9 7.58% 27.58% 29.03