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Red Lobster Spinoff

Big Change Coming To Red Lobster?

Reuters | Posted 04.26.2014 | Business

Feb 24 (Reuters) - Activist hedge fund Starboard Value LP wants to put to shareholder vote Darden Restaurants Inc's plan to spin off its Red Lobste...

Red Lobster Gets The Boot

AP | MICHELLE CHAPMAN | Posted 12.19.2013 | Business

NEW YORK (AP) — Darden Restaurants wants to set Red Lobster adrift. The company said Thursday that it is looking to either spin off or sell Red Lob...