Starboard Value wants special meeting for Darden Restaurants

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

Starboard Value is out with an appeal to shareholders of Darden Restaurants (DRI) to hold a special meeting to discuss the proposed Red Lobster spinoff.

The firm is emphatic that shareholder value could be destroyed with the rushing of the Red Lobster separation by Darden management with "misaligned" interests.