Starboard launches fight to take over Darden board
date:May 23, 2014
ts stake in Darden to about 6.2 percent from 5.5 percent, has been leading a shareholder effort to force the company to hold a special meeting for a vote on the sale.

Darden has said the deal is expected to close in the quarter ending August and is not subject to shareholder approval.

Starboard condemned Darden's board for ignoring the request to hold a special meeting and said it believed wholesale board change is required to reverse the years of poor performance, poor governance and sharehol
2/7 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
06/30 07:56