date:Jul 30, 2014
d not come fast enough, nor go as far as needed, and both called for a major overhaul of Darden's board.
Shares of Darden, which just closed the sale of its struggling Red Lobster chain and is working to boost business at its flagship Olive Garden restaurants, were up almost 4 percent in extended trading.
Starboard launched a fight to take over Darden's board in May, saying the then-pending Red Lobster sale was a destructive transaction that ignored the rights of shareholders.
Darden's board