Darden Restaurants Gains as Activist Hires Former Olive Garden President
Shares of Darden Restaurants (NYSE:DRI) are up 2.80% to $50.33 today potentially on news that the former president of Olive Garden has been retained by activist shareholder Starboard Value, which has a 5.5% stake in Darden, the restaurant conglomerate that owns Red Lobster andOlive Garden.
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