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: Outback Steakhouse parent Bloomin’ Brands’ stock up 5% after Starboard Value confirms 9.9% stake

Bloomin’s Brands Inc.’s stock BLMN was up 5% premarket Friday, after activist investor Starboard Value LP confirmed it has built a 9.9% stake in the parent of Outback Steakhouse. The news was reported earlier by the Wall Street Journal. Starboard is known for campaigns including one waged against Darden Restaurants Inc. DRI a decade ago. […] The post : Outback Steakhouse parent Bloomin’ Brands’ stock up 5% after Starboard Value confirms 9.9% stake appeared first on ForexTV... Read More
Posted: Aug 18 2023, 12:08
Author Name: forextv
Views: 111896

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