Darden exploring options for real estate

Darden exploring options for real estate

Franchising could also be in the future as Starboard takes control

Darden Restaurants Inc., has hired advisers to analyze its vast real estate portfolio as the company’s management starts fulfilling promises made by the activist investor Starboard Value during its summer-long proxy fight.

In addition, interim chief executive Gene Lee acknowledged on the company’s fiscal second quarter earnings call that Darden will evaluate other options, “including franchising and the composition of our brand portfolio.”

“The board and management tea

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