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Top related persons:
John Schnatter - 2 Bloomin - 1 Jana Partners - 1 Garden's breadsticks - 1 Papa John's - 1 Jeff Smith - 1 Jeffrey Smith - 1 Smith - 1
Top related locs:
New York
Top related orgs:
Fleming's - 1 Wine - 1 Bloomin - 1 Barington Capital Group - 1 Darden Restaurants - 1 Olive - 1 Darden - 1 Wharton grad - 1

Search resuls for: "John Schnatter"


2 mentions found


☆ Outback Steakhouse owner's stock rises after activist Starboard Value buys stake
  + stars: | 2023-08-18 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +1 min
An Outback Steakhouse truck sits parked outside a restaurant in New York. Shares of Outback Steakhouse owner Bloomin' Brands rose 7% in morning trading Friday after an activist investor disclosed its interest in the restaurant company. Starboard Value now owns 9.9% of Bloomin's shares, according a regulatory filing. In addition to Outback, Bloomin' also owns Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. Starboard Value has a proven track record of successful turnarounds at restaurant companies.
Persons: Bloomin, Jana Partners, Garden's breadsticks, Papa John's, John Schnatter, Jeff Smith Organizations: Fleming's, Wine, Bloomin, Barington Capital Group, Darden Restaurants Locations: New York
☆ Starboard Value's Jeff Smith remains one of the most feared and creative activist investors
  + stars: | 2023-08-01 | by ( Yun Li | ) www.cnbc.com   time to read: +1 min
Starboard Value's Jeffrey Smith has been one of the busiest activist investors over the last two decades, best known for his proxy fights in the restaurant space. Darden shares saw a nearly 60% jump under Smith's activism, from October 2014 to April 2016. After Darden, Smith sought a turnaround at pizza chain Papa Johns , taking a $200 million stake in the company and becoming chairman in 2019. Smith took an activist stake in software company Salesforce last year. The Starboard CEO was even active during the Covid pandemic, calling for changes at Humana, Kohl's, Mercury Systems and other companies.
Persons: Jeffrey Smith, Smith, Darden, Papa, John Schnatter Organizations: Olive, Darden, Wharton grad, Mercury Systems Locations: New York
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