See More Hear More Watch More Hear More Get on iTunes
Marketplace marketplace

Darden's real estate play

Eaten at the Olive Garden lately? You probably thought more about the bread sticks than who owns the building — fair enough. However, Darden Restaurants, which owns the Olive Garden, Long Horn Steakhouse and some other chains, announced Tuesday that it’s going to spin off its real estate into something called a REIT — a real estate investment trust — and then lease the properties back. http://goo.gl/H66bHP #FullNewsAudioAvailable

UP NEXT

More from