Hedge Fund News From HedgeCo.Net


Activist Pushing for Change at Darden Hires Outside Advisers

NYT – The activist hedge fund pushing for change at Darden Restaurants signaled on Thursday that it was ramping up its pressure.

Barington Capital, which it owns over 2 percent of the restaurant group’s shares, announced that it has hired the investment bank Houlihan Lokey to conduct “an independent review” of its recommended changes to the company’s strategy.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply