Starboard Value LP launched a fight to take over the board of Darden Restaurants Inc (DRI.N

Darden Restaurants Inc's food fight with activist investors Barington Capital Group LP and Starboard Value LP entered a new phase on Monday, when the

Golden Gate Capital, a private equity firm, has acquired the Red Lobster restaurant chain from Darden Restaurants, Inc., Orlando, Fla., for $2.1 billi

Darden Restaurants' third-quarter net income dropped 18%, as it dealt with soft sales at Red Lobster but the performance still beat Wall Street's expe

As part of a comprehensive plan to increase shareholder value, the board of directors for Darden Restaurants, Inc. has approved a tax-free spin-off or

A group of shareholders has sued Darden Restaurants Inc, accusing the company of changing corporate bylaws to try to block investors' right to vote on

American casual dining restaurant chain Red Lobster has relaunched its Endless Shrimp offerings, which will be available for a limited period of time.

Starboard Value L.P., an investment firm that owns approximately 5.5% of Darden Restaurants, Inc. stock, is urging other shareholders to resist the co

Rescue efforts are under way for Red Lobster following Darden Restaurants’ December announcement to sell or spin off the seafood chain.

Darden Restaurants, Inc. defended its plan to separate Red Lobster and suspend unit growth for Olive Garden after shareholders challenged the strategy