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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 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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