Wall Street activist investor breaks down his decision-making process

Starboard Value was a littleknown $3 billion hedge fund when it moved on Darden restaurants in December 2013. The firm took a five and a half% stake and saw a drastic overhaul of the company including the end of Alvar's unlimited bread sticks. What follow was a dramatic activist battle that saw the departure of Darn CEO and its entire board.It was one of the strongest signals sent to companies that activist investors mean business. Starboard value, which oversees more than $9 billion today, always has its s ...