Tag Archives: Darden Real Estate

Starboard Makes Its Mark On All Four Corners Of Darden With November Real Estate Spinoff

After successfully tossing out the entire board of directors at Darden (DRI) last year, Jeffrey Smith’s Starboard Value fund quickly moved on executing its agenda. After all, a dominating win like that sort of gives one that kind of mandate. One of the first moves was eliminating the ‘interim’ tag from CEO Gene Lee. Next came the expected… Read More »