Darden Battle Heats Up After CEO Otis Agrees To Step Down

With the $2.1b sale of Red Lobster to private equity firm Golden Gate Capital all wrapped up, the battle for Darden (DRI) has officially entered the next phase. For a quick and abridged refresher on the situation, the ailing restaurant company was recently assailed by two activist firms pushing for numerous changes including a spinoff of its slower growing restaurants, Red Lobster… Read More »