S&P wary of Darden's Reb Lobster plan


S&P places Darden Restaurants (DRI -4.4%) on Creditwatch after the company's plan to separate out Red Lobster brings some unknown implications into the credit equation.

The ratings agency says it will update its stance after evaluating the final Red Lobster transaction.

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  • ARG1
    , contributor
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    Darden stock worth about $56, says Wells Fargo
    theflyonthewall.com
    45 minutes ago
    20 Dec 2013, 08:38 AM Reply Like
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