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Olive Garden: Breadstick Policy Is 'Italian Generosity'

Olive Garden has fired back in the battle of the breadsticks. The Florida-based chain's parent company says the unlimited breadstick policy—one of many things criticized by hedge fund Starboard Value—is an example of "Italian generosity." In its response to Starboard's 300-page criticism, Darden Restaurants says the salads Starboard...
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Olive Garden's getting breadstick sandwiches

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Olive Garden's going to experiment with breadstick sandwiches, investor Jeff Smith of Starboard Value said on Wall Street Week Sunday. Starboard has a roughly 9% stake in Darden Restaurants, Olive Garden's parent company, and has be...

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This is a huge win for activist investor Jeff Smith's hedge fund, Starboard Value. Starboard has been going after Olive Garden, claiming that it's badly run on all kinds of fronts. Darden, the parent company of Olive Garden, said th...

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Activist investor Jeff Smith, who runs hedge fund Starboard Value, wants to to make a change to Olive Garden's famous unlimited breadsticks and salad. Smith's fund owns an 8.8% in the restaurant group's stock. It's his contention th...

Olive Garden defends unlimited breadsticks policy as 'Italian generosity'

Sports / Baseball : Dodgers Now

Olive Garden thinks you can never have enough warm breadsticks. The restaurant chain's parent company, Darden Restaurants, prepared a presentation in which it defends its unlimited breadsticks policy and other practices criticized i...

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Activist hedge fund Starboard Value wants Olive Garden to axe its unlimited salad and breadsticks. On Friday morning, Starboard published a 294-slide presentation outlining its transformation plan for Darden Restaurants, the parent ...


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