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   Does Darden own Chuy's?

   • Darden Restaurants will acquire Chuy's in a deal worth approximately $605 million, the companies announced jointly Wednesday. Darden, which already owns popular restaurant brands such as Olive Garden, LongHorn Steakhouse and Ruth's Chris Steak House, agreed to acquire all outstanding shares of Chuy's at $37.50 a share, according to a news release.

   Darden Restaurants, owner of Olive Garden, to acquire Tex-Mex chain

   www.usatoday.com/story/money/food/2024/07/18/darden-restaurants-acquires-chuys/74454278007/

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   Will Chuy's be Darden's first Mexican restaurant?

   • Chuy's would be Darden's first restaurant chain that focuses on Mexican food. According to the news release, Chuy's operates 101 restaurants in 15 states, generating over $450 million in revenue in the last twelve months as of March 31, 2024.

   Darden Restaurants, owner of Olive Garden, to acquire Tex-Mex chain

   www.usatoday.com/story/money/food/2024/07/18/darden-restaurants-acquires-chuys/74454278007/

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   Will Chuy's join Darden's portfolio?

   • Chuy's will complement Darden's portfolio of iconic brands, which currently includes Olive Garden, LongHorn Steakhouse, Yard House, Ruth's Chris Steak House, Cheddar's Scratch Kitchen, The Capital Grille, Seasons 52, Eddie V's and Bahama Breeze.

   Darden Restaurants to Acquire Chuy's Holdings, Inc. in Approximately

   investor.darden.com/news/news-details/2024/Darden-Restaurants-to-Acquire-Chuys-Holdings-Inc.-in-Approximately-605-Million-Transaction/default.aspx

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   Is Chuy's the same as Darden's?

   • It’s known for its eclectic decor and fresh food, including handmade tortillas and sauces. Like Darden, Chuy’s owns and operates all of its restaurants. Darden President and CEO Rick Cardenas said Chuy’s is a differentiated brand with strong growth potential that will expand Darden’s dining options.

   Darden Restaurants buys Tex-Mex chain Chuy’s for $605 million

   apnews.com/article/darden-chuys-texmex-restaurant-a44f10f0fecd51a8e4a2d6a3bfb990d9

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   Is Chuy's a good fit for Darden?

   • "Chuy's is a differentiated brand within the full-service dining industry with strong performance and growth potential," said Darden President and CEO Rick Cardenas in the news release. "Based on our criteria for adding a brand to the Darden portfolio, we believe Chuy's is an excellent fit that supports our winning strategy."

   Darden Restaurants, owner of Olive Garden, to acquire Tex-Mex chain

   www.usatoday.com/story/money/food/2024/07/18/darden-restaurants-acquires-chuys/74454278007/

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   Who is Chuy's holdings?

   • Chuy's Holdings chairman, president and CEO Steven Hislop said: “We are excited about the opportunity to join the Darden family and its portfolio of well-respected brands. “Darden shares many of our same core values, particularly our operating philosophy and strong team member cultures.

   Darden Restaurants to acquire Chuy’s Holdings in $605m deal

   finance.yahoo.com/news/darden-restaurants-acquire-chuy-holdings-081616868.html

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2. investor.darden.com › news › news-detailsDarden Restaurants Completes Acquisition of Chuy's Holdings, Inc.

   investor.darden.com › news › news-details

   • Cached

   6 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 ...

   • Darden Restaurants to Acquire Chuy's Holdings, Inc. in ...

     Under the terms of the merger agreement, Darden will acquire...

3. investor.darden.com › news › news-detailsDarden Restaurants to Acquire Chuy's Holdings, Inc. in ...

   investor.darden.com › news › news-details

   • Cached

   Mar 31, 2024 · Under the terms of the merger agreement, Darden will acquire all of the outstanding shares of Chuy's for $37.50 per share in cash. Chuy's board of directors unanimously approved the merger agreement with Darden and determined to recommend that Chuy's stockholders vote to adopt the merger agreement.

4. Videos

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     Darden Restaurants acquires Chuy’s

     18 Jul 2024

     233 views

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     msn.com

     Darden Acquires Austin-Based Tex-Mex Chain Chuy's in $600 Million Deal

     18 Jul 2024

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     youtube.com

     Chuy's to be purchased by Olive Garden owner Darden Restaurants in $605M sale

     19 Jul 2024

     385 views

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5. www.reuters.com › markets › dealsOlive Garden parent Darden to buy Chuy's in $605 mln deal

   www.reuters.com › markets › deals

   Jul 17, 2024 · Darden will acquire all of Chuy's outstanding shares for $37.50 per share in cash, which represents a 48.4% premium to the stock's closing on Wednesday.

6. www.usatoday.com › story › moneyDarden Restaurants buys Chuy's for $605M, adding to chain ...

   www.usatoday.com › story › money

   • Cached

   Jul 18, 2024 · Darden Restaurants will acquire Chuy's in a deal worth approximately $605 million, the companies announced jointly Wednesday. Darden, which already owns popular restaurant brands such as...

7. apnews.com › article › darden-chuys-texmexDarden Restaurants buys Tex-Mex chain Chuy’s for $605 million

   apnews.com › article › darden-chuys-texmex

   • Cached

   Jul 17, 2024 · Darden said it will acquire all outstanding shares of Chuy’s for $37.50 per share. Those shares closed at $25.27 apiece on Wednesday, then soared past $37 in after-hours trading once the deal was announced.

   • Email: ddurbin@ap.org

   • Occupation: I Cover The Food And Beverage Industry.

8. finance.yahoo.com › news › darden-restaurantsDarden Restaurants to acquire Chuy’s Holdings in $605m deal

   finance.yahoo.com › news › darden-restaurants

   • Cached

   Jul 18, 2024 · Darden Restaurants has agreed to acquire Chuy's Holdings in a $605m transaction. The all-cash deal will see Darden add Chuy's to a portfolio already containing Olive Garden and LongHorn...

9. www.bloomberg.com › news › articlesOlive Garden Owner Darden to Buy Chuy’s Restaurants (DRI ...

   www.bloomberg.com › news › articles

   • Cached

   Jul 17, 2024 · Darden agreed to pay $37.50 a share in cash for Chuy’s, the companies said Wednesday in a statement Bloomberg Terminal That’s a 48% premium above the stock’s last closing price.