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Stock Market & Financial Investment News

News Breaks
February 24, 2014
08:22 EDTDRIStarboard files preliminary solicitation for meeting of Darden shareholders
In a letter to Darden shareholders, Starboard said it was disappointed that Darden board and management have "ignored" shareholder concerns regarding the Red Lobster separation. Starboard said it believes it is "critical for shareholders to have the right to review and approve any proposed Red Lobster separation." It called for a special meeting that would give shareholders an opportunity to voice their "dissatisfaction" with the proposed Red Lobster separation.
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