Starboard had persuaded holders of 57 percent of Darden stock to call for a meeting to weigh in on Darden's plans to sell or spin off the seafood chain.
Last month, Darden announced it had reached a deal with private equity firm
In a news release, Starboard called the sale "poorly structured, and clearly value destructive." Starboard is now trying to replace Darden's board of directors.
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