23.09.2014 14:33:27
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Darden Urges Stockholders To Vote For All Darden's Nominees On Blue Proxy Card
(RTTNews) - Darden Restaurants, Inc. (DRI) Tuesday issued an open letter to shareholders, in which the company urged its shareholders to vote only for all Darden's Nominees on Blue Proxy Card at the annual general meeting. In its letter, Darden said it is deeply concerned about its future, if Starboard's slate is elected and believe it is important to correct the record with regard to a number of inconsistent, contradictory and misleading statements made by Starboard as part of its efforts to take control of Darden. The company noted that its slate offers a balance of new perspectives and continuity of expertise, while also being designed to avoid the risks and destabilization arising from putting total control of the board in the hands of a single minority shareholder's nominees through the full board turnover that Starboard is seeking.
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