Report: Starboard Value to make play for Darden board

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

Starboard Value plans to launch a fight to take over the board of Darden Restaurants (DRI), according to the Wall Street Journal.

The hedge fund wasn't expected to stay quiet after Darden decided to sell Red Lobster in a move Starboard thinks destroys shareholder value.

Darden is trying to push the Red Lobster sale through without a shareholder vote.