S&P wary of Darden's Reb Lobster plan

|About: Darden Restaurants, Inc. (DRI)|By:, SA News Editor

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.