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Darden dismisses real estate portfolio split-off

Darden Restaurants, the owner of Olive Garden and Red Lobster, said splitting off its real estate holdings wouldn’t increase shareholder value

By Undercurrent News | April 2, 2014 17:26 BST
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Darden Restaurants, the owner of Olive Garden and Red Lobster, said splitting off its real estate holdings wouldn’t increase shareholder value, rejecting a strategy pushed by activist investors [...]

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