Barington Capital thinks BLMN should consider spinning off Bonefish Grill, Carrabba's and Fleming's into a separate company leaving Outback as a separate entity.
Here's what you need to know now for Wednesday, Feb. 21.
Stocks declined in the last hour of trading on Wednesday.
Barington Capital's Jim Mitarotonda says Outback Steakhouse's parent company, Bloomin' Brands, has become too complicated. He wants it to spin off smaller chains, including Bonefish Grill.