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Darden to buy back $600m debt if Red Lobster sale goes through

Darden posted fiscal fourth-quarter results noting it performed below analysts' expectations as restaurant operator's key chains, Red Lobster and Olive Garden, continued to deliver weak sales

By Undercurrent News | June 30, 2014 18:23 BST
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Darden’s Red Lobster sale falls short on valuation and foresight, says Motley Fool

Darden shares sink on quarterly result drops for Red Lobster, Olive Garden

Darden shares sink on quarterly result drops for Red Lobster, Olive Garden

Hedge fund pulls request for special Darden shareholder meeting

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Dungeness Crab on display
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Darden Restaurants Inc. said Monday that it has launched a tender offer for as much as $600 million of its debt, Wall Street Journal reported. [...]

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