Tag: Darden Restaurants
Darden Restaurants to Acquire Ruth’s Hospitality Group
ORLANDO, Fla. — Darden Restaurants Inc. has entered into a merger agreement to acquire all of the outstanding shares of Ruth’s Hospitality Group for...
Another Round of Cuts at Darden
ORLANDO, Fla. ― Darden Restaurants laid off 30 employees from its corporate headquarters earlier this week.
This news follows staff cuts last fall, when Darden...
Darden Shareholders “Disappointed” with Red Lobster Transaction
NEW YORK — Darden Restaurants shareholders say they aren’t happy with the Orlando, Fla.-based company’s deal with Golden Gate Capital to sell Red Lobster for $2.1 billion.
Darden Sells Red Lobster
ORLANDO, Fla. — Months after announcing it was pondering the future of its troubled Red Lobster brand, Darden Restaurants has agreed to sell the casual-dining chain to Golden Gate Capital, a San Francisco-based private equity investment firm, for $2.1 billion.
Darden Considers Separation From Red Lobster
ORLANDO, Fla. — Bowing to pressure from its shareholders after slinking sales in the second quarter, Darden Restaurants, Inc. — which owns Olive Garden,...
Friends of We Care Celebrates 30 Years; Presents Cheque for $1...
TORONTO — It was a time of celebration Saturday, as some 1,000 people packed into Mississauga, Ont.’s International Centre to commemorate Friends of We...
