Goodwill shrinking: Restaurants bite impairment bullet

Goodwill shrinking: Restaurants bite impairment bullet

Darden Restaurants Inc. set itself apart in late 2008 by not doing something many of its competitors were forced to do—namely, taking goodwill impairment charges.

The casual-dining company, based in Orlando, Fla., said Dec. 23 that after an evaluation of the company’s goodwill, or the value of such intangible assets as a brand name, no charges would be needed. Other companies have been less fortunate, however. At least five restaurant com

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