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Stock Market & Financial Investment News

News Breaks
February 24, 2014
07:32 EDTDRIStarboard wants Red Lobster spin off vote by Darden shareholders, WSJ reports
Starboard Value LP, the activist hedge fund fighting Darden Restaurants' plan to spin off Red Lobster, is expected to today begin a plan that would have shareholders vote on a resolution telling the restaurant operator to halt any plans to shed the seafood chain unless they get to vote directly on the decision, according to a letter Starboard is sending to shareholders, seen by the Wall Street Journal. Reference Link
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