This same dynamic is at work to various degrees, when we look at generational and other segmentation." Starboard Value L.P., which owns approximately 5.5% of Darden's outstanding common stock, recommended in a Jan. 21 letter that the casual-dining operator delay its spin-off of Red Lobster in pursuit of alternative options, such as a company-wide cost-reduction plan or sale of the company's real estate. And last September, Barington Capital Group, L.P., which holds more than 2% of the company's shares, pushed for Darden to create two independently managed, publicly-traded restaurant operating companies that would separate Olive Garden and Red Lobster from the operator's higher-growth brands.