Darden plans to complete its spin off or sale of Red Lobster through an exchange between the two companies. It will provide a contribution -- in shares and cash -- to Red Lobster in exchange for all of Red Lobster's outstanding common stock, as well as an undisclosed amount of cash proceeds from a new term loan and -- or instead of -- senior notes issued to third parties, the company said in its Form 10 Registration Statement, which it filed with the Securities and Exchange Commission and issued to shareholders, on Monday. [...]