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- Darden Restaurants is adding Tex-Mex to the menu. The parent company of Olive Garden, LongHorn Steakhouse, Yard House and other chains, said Wednesday it’s buying Chuy’s for approximately $605 million. Darden said it will acquire all outstanding shares of Chuy’s for $37.50 per share.
apnews.com/article/darden-chuys-texmex-restaurant-a44f10f0fecd51a8e4a2d6a3bfb990d9Darden Restaurants buys Tex-Mex chain Chuy’s for $605 million
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5 days ago · Darden Restaurants, Inc. ("Darden") (NYSE:DRI) today announced that it has completed the acquisition of Chuy's Holdings, Inc. ("Chuy's Holdings") in an all-cash transaction with an enterprise value of approximately $605 million. The transaction was approved by a majority of Chuy's Holdings stockholders on October 10, 2024. This follows the merger agreement that was announced on July 17, 2024 ...
2 days ago · Darden Restaurants said Friday that it completed its purchase of Chuy’s after shareholders of the Tex-Mex brand approved the proposed acquisition on Thursday. Chuy’s shareholders voted overwhelmingly to approve the merger, with votes representing more than 15 million of the company’s shares backing the deal and votes accounting for about 5,300 shares opposing, according to an 8-K filed ...
2 days ago · Listen to this article 4 min. Darden Restaurants has finalized its $605 million acquisition of Austin-born restaurant chain Chuy's, which has 11 Houston-area locations. Tex-Mex chain Chuy’s is ...
2 days ago · A Strategic Addition to Darden's Portfolio Founded in Austin, TX, in 1982, Chuy's operates more than 100 restaurants across 15 states, serving a distinct menu of authentic Tex-Mex cuisine.
5 days ago · By Joe Guszkowski on Oct. 11, 2024. Darden Restaurants is officially the new owner of Chuy’s Tex-Mex. The parent company of Olive Garden and eight other full-service chains said Friday it had closed the deal for 101-unit Chuy’s, bringing its portfolio to 10 brands. The all-cash transaction was worth about $605 million.
Jul 18, 2024 · Darden Restaurants, the owner of restaurants such as Olive Garden and LongHorn Steakhouse, has acquired Tex-Mex chain Chuy's for $605 million.
Jul 17, 2024 · Darden Restaurants is adding Tex-Mex to the menu. The parent company of Olive Garden, LongHorn Steakhouse, Yard House and other chains, said Wednesday it’s buying Chuy’s for approximately $605 million. Darden said it will acquire all outstanding shares of Chuy’s for $37.50 per share.
