Activist investor withdraws request for special Darden meeting on Red Lobster sale (Securities and Exchange Commission) New York-based Starboard Value L.P. said Monday it was withdrawing its request to the board of Orlando, Fla.-based Darden Restaurants Inc. for a special shareholder meeting on the sale of Red Lobster. The activist investor called the sale to Golden Gate Capital “irreversible” and “poorly structured,” but said a special meeting would no longer ...
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Contact: Desiree Torres Desiree.Torres@penton.com