Darden Restaurants (NYSE: DRI ) increases the size of its debt buyback to $610M after seeing plenty of bidders show up. The company still plans to use some of the proceeds from the sale of Red Lobster to retire more debt. Post your comment!
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NEW YORK (Reuters) - Darden Restaurants Inc , the parent of Olive Garden and Red Lobster , won the dismissal of a New York lawsuit accusing it of illegally adding an automatic 18 percent tip to diners' bills and failing to list beverage prices on its menus.
NEW YORK, July 10 (Reuters) - Darden Restaurants Inc , the parent of Olive Garden and Red Lobster , won the dismissal of a New York lawsuit accusing it of illegally adding an automatic 18 percent tip to diners' bills and failing to list beverage prices on its menus.
Darden Restaurants ( DRI -1.6% ) is in ..... major overhaul with its Olive Garden concept, according to ..... reworked from top to bottom. Darden has a goal to increase traffic of younger customer to Olive Garden for both dine-in and
to delay the Red Lobster spinoff during ..... delaying the Red Lobster sale process ..... After the sale of Red Lobster , Darden will remain one ..... annual sales. Olive Garden (837 units) and LongHorn Steakhouse (464) are its
weighs in on a plan by Darden Restaurants ( DRI -0.9% ) to use funds from the sale of Red Lobster to boost buybacks and ..... possible downgrade after the Red Lobster deal closes. SA contributor ..... Investor has a breakdown of Darden 's buybacks vs. debt
Darden Restaurants ( DRI ) launches a tender offer for up to $600M worth of its debt. The debt buyback is subject to the closing of the Red Lobster sale. DRI -0.9% premarket Post your comment!
June 20 (Reuters) - Darden Restaurants Inc , battling an activist investor that wants to replace its entire board of directors, on Friday reported lackluster results at its flagship Olive Garden chain as it prepares to complete the sale of Red Lobster next month.
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