date:Apr 02, 2014
pprove a non-binding resolution urging the board not to approve any agreement or proposed transaction involving a separation or spin-off of the Red Lobster business prior to the 2014 annual meeting unless such agreement or transaction would require shareholder approval.
In mid-December, Darden Restaurants announced it planned to spin off the Red Lobster business. Since then several shareholder groups have urged the company to reconsider its options.