Those are two of many steps Starboard Value LP said late Thursday it would take to boost the value of Darden Restaurants Inc., owner of Olive Garden, if the activist hedge fund was to win control of the entire board. ...
The firm spent one slide noting that it had learned Olive Garden no longer put salt in the water for its pasta.
"If you Google 'How to cook pasta', the first step of Pasta 101 is to salt the water," Starboard wrote. "How does the largest Italian dining concept in the world not salt the water for pasta?"
--David Benoit, WSJ, on one hedge fund doing God's work