Darden Restaurants Inc (DRI.N)
29 Aug 2014
|Market Cap (Mil.):||$6,238.63|
|Shares Outstanding (Mil.):||132.31|
(Adds Talisman Energy, Darden, Elia, Goldman Sachs, Gazprom Neft, Revel Casino Hotel, Conwert Immobilien, PDVSA, Isagen and Los Angeles Clippers)
* Starboard seeks major change with slate of 12 directors
July 28 - Darden Restaurants Inc's food fight with activist investors Barington Capital Group LP and Starboard Value LP entered a new phase on Monday, when the company said Clarence Otis would step down as chairman and chief executive officer.
July 28 - Darden Restaurants Inc said on Monday that Clarence Otis would step down as chairman and chief executive officer, buckling under pressure from activist investors Barington Capital Group LP and Starboard Value LP.
July 28 - Darden Restaurants Inc said Clarence Otis would step down as chairman and chief executive, buckling under pressure from activist investors Barington Capital Group LP and Starboard Value LP.
Update-Moody's says; Darden's ratings remain on review for downgrade but would likely be confirmed and outlook revised to negative if Red Lobster sale occurs as proposed and debt is repaid at Darden
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NEW YORK, July 10 - 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.
June 20 - 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.
(Adds analyst's comment, forecast, background, details; updates share move)
June 20 - Darden Restaurants Inc's quarterly profit slid 35 percent as costs soared and sales at its flagship Olive Garden restaurant chain fell.
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