Will a P-E consortium buy Darden Restaurants?

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

Darden Restaurants (DRI -0.8%) could be the target of a P-E buyout, speculates Restaurant Finance Monitor. The move might make sense with many activist investors pushing Darden on the same issues.

If a consortium of private equity groups decided to make the move, the buyout would be the largest in restaurant industry history.

Analysts note the divestiture of Red Lobster makes the company more attractive for a new buyer.