Description: Darden Restaurants wants to spin off struggling Red Lobster. But Olive Garden is not doing well either. The entire company is missing the restaurant stock rally this year.
Source: CNNMoney.com – video report
Date: Mar 21, 2014
Questions for Discussions:
- Why is Darden stock underperforming in comparison to other restaurants?
- Is the sale of some assets likely to help the firm return greater value to stockholders?
- What would you do with the assets of the firm?