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An activist investor is hungry for change at Darden Restaurants Inc. Hedge fund Barington Capital Group LP has taken a 2.8% stake in Darden, the owner of Olive Garden, Red Lobster and six other restaurant chains. It’s pushing for Darden to form two separate companies, among other changes, according to people familiar with the matter.
On August 5, 2014, Barington Companies Equity Partners, L.P. announced that it has sent a letter to the Corporate Secretary of Darden Restaurants, Inc withdrawing its …
New York-based Barington, which is working with a group of investors that own more than 2 percent of the restaurant company, brought its ideas to Darden management, it …
(Reuters) - Hedge fund Barington Capital Group LP is pushing for Olive Garden parent Darden Restaurants Inc ( DRI) to split into two separate companies, the Wall Street …
2 Min Read (Reuters) - Hedge fund Barington Capital Group LP is pushing for Olive Garden parent Darden Restaurants Inc DRI.N to split into two separate companies, the Wall …
New York-based Barington, which is working with a group of investors that own more than 2 percent of the restaurant company, brought its ideas to Darden management, it …
Darden Restaurants is the premier full-service dining company, operating over 1,800 locations. Learn about our company, buy gift cards, search careers and more. ... We are proud to employ …
Barington Capital Management apparently wasn't appeased when Darden Restaurants separated its chairman and CEO roles and announced the retirement of Clarence …
82 votes, 12 comments. Today, according to [a New York Times article] ( ), Barington Capital has sent a letter to Darden Restaurants (DRI: NYSE) …
darden is one of the worlds largest publicly traded full service restaurant companies as of dardens most recent annual report, the company operated 2,138 restaurants in the united …
The 10 Best Cocktails at independent restaurants across America . Feb 25, 2022. Cracker Barrel expands delivery-only all-day breakfast brand . Feb 24, 2022. Trending this week: …
Activist investor Barington Capital urges Darden Restaurants, Inc. (NYSE:DRI) to split into two separate companies.....
5 BARINGTON Description Darden is one of the worlds largest publicly traded full service restaurant companies As of Dardens most recent annual report, the Company operated …
Barington Capital, the activist investor pushing for major changes at Darden Restaurants, stopped short of calling for new management at the casual dining operator. But it …
Hedge fund Barington Capital Group LP is pushing for Olive Garden parent Darden Restaurants Inc to split into two separate companies, the Wall Street Journal reported citing …
Activist investor Barington Capital is stepping up the pressure on Darden Restaurants, saying it could be worth $80 a share.
NEW YORK, Dec. 17, 2013 /PRNewswire/ -- Barington Capital Group, L.P., which represents a group of shareholders that owns over 2% of the outstanding common stock of …
Darden’s portfolio includes their two flagship restaurants, Red Lobster and The Olive Garden, along with Longhorn Steakhouse, and six restaurants in their “Specialty Restaurant Group,” …
Barington hired investment bank Houlihan Lokey to explore the options for Darden Restaurants Inc. The parent of Red Lobster, Olive Garden and Capital Grille has been facing …
/PRNewswire/ -- A group of shareholders led by Barington Capital Group, L.P. (the "Barington Group") that collectively owns over 2% of the outstanding common...
Barington says an independent chairman will protect shareholder interests Barington Capital Group presses Darden to separate chairman, CEO roles | Nation's Restaurant …
2.8% shareholder Barington Capital escalates its activist posture towards Darden Restaurants (DRI +1.3%), issuing an 84-page presentationDRI +1.3%), issuing an 84-page …
Barington Capital recommends ... representing a premium of up to 65% over the closing price on Sept. 20 of $45.78 per share,” the Barington Capital letter said. Darden …
Darden Restaurants: Activist Investor Unimpressed. Dec. 19, 2013 1:08 pm ET Order Reprints ... The company's actions fell short of changes pushed by activist investor …
In re Darden Restaurants, Inc. Shareholder Litigation This case arises from numerous actions that the former directors of Darden Restaurants, Inc. (“Darden” or the “Company”) took, in attempts …
Activist investor Barington Capital Group said on Monday it was disappointed with a recent plan by Darden Restaurants Inc to spin off its Red Lobster chain to enhance …
States that it would Object to any Transaction that Limits the Ability to Unlock the Value of the Company's Real Estate Assets Announces that it will Host an Online Presentation on January …
Hedge fund Barington Capital Group LP, along with other investors, has taken a 2.8% stake in Darden, the owner of Olive Garden, Red Lobster and six other restaurant chains. …
Barington Capital Group LP Wednesday said it has lost confidence in Darden Restaurants, Inc. (DRI)’s chief executive officer Clarence Otis.
In a March 26 letter to Orlando, Fla.-based Darden’s board of directors, investor Barington Capital Group, L.P. recommended the company find a new chief executive officer.
Activist investor Barington Capital urges Darden Restaurants, Inc. (NYSE:DRI) to split into two separate companies. Hedge fund Barington Capital Group LP is pushing Darden …
Barington Capital Group L.P. asked the independent directors of Darden Restaurants Inc. (DRI) to consider beginning a search for a new Chief Executive officer with …
In a statement on Monday, Darden said: “We are confident that our plan, together with actions we are taking to enhance guest experiences and reinvigorate demand, will lead to …
Dardenbills itself as the “world’s largest full-service restaurant company,” operating 1,501 restaurants in the U.S. and Canada as of May 2014, including "837 Olive Garden, 464 LongHorn …
The activist hedge fund pushing for change at Darden Restaurants has made it official: It wants the conglomerate to break up into three companies and cut more costs.. In an …
Nov 02, 2020 - Cohen Capital Management, Inc. Buys Gores Metropoulos Inc, Darden Restaurants Inc, Burlington Stores Inc, Sells MagnaChip Semiconductor Corp, ... Barington Capital has sent …
Barington Capital Presentation - Darden (DRI)
Almost a week has passed since the Wall Street Journal reported that Barington Capital — a hedge fund that, along with a group of other investors, owns 2.8% of Darden …
Barington Capital Group LP is nominating two directors to serve on the company’s nine-person board, including a former high-ranking Macy’s Inc. executive, the people said. ... Products Inc., …
Darden, which has some 195,000 hourly employees, has been embroiled in numerous controversies over its labor practices and is a leading foe of workplace reforms such as paid …
Article - Barington Group Announces Details Of Online Presentation Regarding Darden Restaurants - Barington Capital Group, L.P., which represents a group of shareholders that …
The restaurant offers menu for both lunch and dinner. Most lunch menu prices range from $7.5 to $16.5, and most dinner prices range from $9 to $23.Alcoholic beverage …
Darden Restaurants (DRI 2.08%) is one of the major players in the restaurant industry. The company operates the mature Olive Garden and Red Lobster brands, as well as …
Barington Capital Group is urging the independent directors of Darden Restaurants—parent of restaurant chains such as Olive Garden and Red Lobster—to consider …
Barington Capital Group, L.P. (“Barington”) is an investment firm that, through its affiliates, manages a value – oriented, activist investment fund that was established by James A. …
But Darden decided to pay its shareholders no mind and went ahead and sold Red Lobster for $2.1 billion, which seems like a lot but actually wasn't. The buyer, private equity firm …
Barington Capital Group, L.P., which represents a group of shareholders of Darden Restaurants, Inc. (NYSE: DRI), today announced that it has sent the following letter to the …
It's been full speed ahead for Darden Restaurants (DRI 0.82%) with its proposal to sell or spin off its Red Lobster seafood chain. Having been pushed to action by hedge fund …
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