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Stock Market & Financial Investment News

News Breaks
December 22, 2013
19:55 EDTDRIStarboard to reveal Darden stake in push for different plan, WSJ says
Investment firm Starboard Value will disclose on Monday that it has taken a 5.6% stake in Darden, says the Wall Street Journal. Starboard feels that Darden's plan to seperate its Red Lobster business is not enough to boost Darden's shares, according to the Wall Street Journal report. According to people familiar with the matter, Starboard will be backing a slightly different reorganization plan for the restaurant chain, which may include creating a REIT for its property holdings, adds the Wall Street Journal. Reference Link
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April 13, 2014
16:04 EDTDRIDarden sued by investors on corporate bylaws, WSJ says
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April 11, 2014
13:45 EDTDRIDarden responds to ISS, Glass, Lewis reports
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