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Darden Restaurants (DRI) Files Form 10 with SEC for Red Lobster Spin

March 11, 2014 6:49 AM EDT
Darden Restaurants, Inc. (NYSE: DRI) announced that, in connection with the separation of the Red Lobster business, it has filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC). As previously announced, the Company is exploring parallel paths for the separation, including a tax-free spin-off of the Red Lobster business to Darden shareholders as well as a sale of the Red Lobster business, the process for which is well underway. A copy of the Form 10 Registration Statement, which contains information about a potential spin-off transaction for separating Red Lobster including distribution of all the shares of Red Lobster Seafood Co., is available on the Company’s website http://investor.darden.com/investors/financial-information/sec-filings/.


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Corporate News, Mergers and Acquisitions, SEC Filings, Spinoffs