Darden Restaurants
2 activist/short documents on this target.
Timeline
2014-09-01
Starboard Value · response filing
Starboard's REIT math inflates multiples by ~4x turns through flawed peer selection and LTM vs. forward mismatch
N3 V3
2014-09-09
Starboard Value · short deck
Darden, the largest full-service restaurant company, trails peers on margins and total return; an operational fix, REIT spin, and SRG separation can unlock substantial value.
N3 V3