Wednesday, June 24, 2015

Investors Not So Keen on Darden REIT Plan After All

Even though Darden Restaurants (DRI) opened about 7% higher Tuesday on news it will spin off some of its real estate assets into a real estate investment trust (REIT), the stock didn’t hold those gains. Darden shares gradually lost ground Tuesday to close at $69.39 — just a one penny gain for the day. Charles [...]

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