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Board battle raging at Darden Restaurants

Sep. 12, 2014 8:06 AM ETDarden Restaurants, Inc. (DRI) StockBy: Clark Schultz, SA News Editor1 Comment
  • Darden Restaurants (NYSE:DRI) responds to the transformation plan offered up by Starboard Value this morning by leaning on its recent uptick in traffic trends.
  • The company also maintains some of the Starboard strategies are already being implemented.
  • Naturally, Darden wants shareholders to vote for its board nominees.
  • Darden's Annual Shareholder Meeting is scheduled for October 10.
  • DRI +2.8% premarket

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