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Fitch: Activist Investor Activity Distracts U.S. Restaurants

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NEW YORK--(BUSINESS WIRE)--Increased activist investor activity in the restaurant space portends change for the U.S. restaurant industry and is a testament to the fact that shareholder demands continue to rise despite challenging operating conditions, according to Fitch Ratings. Darden Restaurants Inc. (Darden), Bob Evans Farms, Inc., and Cracker Barrel remain under pressure as a function of this type of activity. Fitch does not immediately factor threats from activist investors into ratings si Reported by Business Wire 7 hours ago.

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