Monday, 1 September 2014

Darden Restaurants - 2014-09-02 Update #2

Darden Restaurants - 2014-09-02 Update #2 Darden Restaurants inked a $2.1 billion deal on Friday to unload its struggling Red Lobster business to Golden Gate Capital.
Golden Gate may be able to inject some new life into Red Lobster, but the deal is likely to rile up Darden (DRI, Fortune 500) investors. The company’s shares
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