The Traderszone Network

Published in TZ Latest News 10 October, 2014 by The TZ Newswire Staff

Darden Board Gets What Was Coming To Them

So, the people who were Darden Restaurants directors yesterday are no longer Darden directors today, what with every single one of them having been handed a much-deserved ass-kicking by hedge fund Starboard Value. The activist hedge fund correctly predicted that boards which (a) produced an ill-conceived plan to sell one thing for a song to…

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