Starboard’s Darden Campaign Was A “Perfect Storm” Of Activism

A recent report from the UCLA Law School's Lowell Milken Institute for Business Law and Policy offers expert perspectives on a number of current business topics, including activist hedge fund Starboard Value's successful campaign to replace the board at Darden Restaurants. Steve Wolosky, partner and chair of the activist and equity investment practice at the law firm Olshan, Frome & Wolosky, pens a section of the report titled "Lessons Learned from Darden". Of note, Wolosky was a part...

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