DRI - Starboard Gains Footing In Bloomin' Brands Board Adds Two Industry Veterans As Directors | Benzinga
Casual dining restaurant company Bloomin’ Brands, Inc (NASDAQ: BLMN) has entered into a cooperation agreement with Starboard Value LP, which owns approximately 9.7% of the company's outstanding common stock.
In connection with the agreement, the company appointed Dave George, former Chief Operating Officer of Darden Restaurants Inc (NYSE: DRI), and Jon Sagal, Partner at Starboard, to its