Darden activist investor now sets its sights on Outback Stea

Darden activist investor now sets its sights on Outback Steakhouse, Carrabba's

The activist investor who shook up Orlando-based Darden Restaurants now is taking aim at Outback Steakhouse and Carrabba’s Italian Grill, in what could be a less tumultuous move than nearly a decade ago. Starboard Value, which won control of Darden’s board in 2014, has about a 10% stake in Tampa-based Bloomin’ Brands. There are some similarities between Bloomin’ and Darden, and Starboard has ...

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