Chuy's shares soar 47% on $605 million Darden Restaurants …

Jul 18, 2024 · The all-cash transaction, valued at approximately $605 million, will see Darden purchasing shares at $37.50 each. CHUY shares soared 47% in premarket trading Thursday.

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Chuy's Shares Soar 47% On $605 Million Darden Restaurants …

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Jul 18, 2024 · The all-cash transaction, valued at approximately $605 million, will see Darden purchasing shares at $37.50 each. CHUY shares soared 47% in premarket trading Thursday.

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Chuy's Shares Soar 47% On $605 Million Darden Restaurants …

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Jul 17, 2024 · CHUY shares soared 47% in premarket trading Thursday. Chuy's, founded in Austin, Texas in 1982, is a Tex-Mex restaurant chain recognized for its authentic and freshly …

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Darden Restaurants Completes Acquisition Of Chuy's Holdings, Inc ...

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Jul 17, 2024 · --Darden Restaurants, Inc. today announced that it has completed the acquisition of Chuy's Holdings, Inc. in an all-cash transaction with an enterprise value of approximately $605 …

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Darden Restaurants To Acquire Chuy's Holdings, Inc. In …

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Jul 17, 2024 · Darden Restaurants to Acquire Chuy's Holdings, Inc. in Approximately $605 Million Transaction ... shares of Chuy's for $37.50 per share, in an all-cash transaction with an …

prnewswire.com

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Darden Restaurants To Acquire Chuy's Holdings In $605M Deal

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Jul 17, 2024 · Darden said it would acquire all the outstanding shares of Chuy's for $37.50 each. The price represents a 40% premium to Chuy's 60-day volume weighted price. Shares of …

marketwatch.com

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Chuy's Shares Soar 47% On $605M Darden Acquisition Deal

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The all-cash transaction, valued at approximately $605 million, represents a premium of 40% over Chuy’s 60-day volume-weighted average stock price. This news triggered a 47% increase in …

ceooutlookmagazine.com

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Chuy's Shares Soar 47% On $605 Million Darden Restaurants …

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Jul 17, 2024 · The all-cash transaction, valued at approximately $605 million, will see Darden purchasing shares at $37.50 each. CHUY shares soared 47% in premarket trading Thursday.

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Darden Restaurants Completes $605 Million Acquisition Of Chuy's ...

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Oct 11, 2024 · Darden Restaurants, Inc. (NYSE:DRI) today announced that it has completed the acquisition of Chuy's Holdings, Inc. in an all-cash transaction with an enterprise value of …

restaurantnewsresource.com

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Darden Restaurants Buys Chuy's For $605 Million Cash Deal

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This deal adds 101 Chuy's locations across 15 states to Darden's roster. Darden is paying $37.50 per share for Chuy's, a 48.4% premium over its latest closing price. Post-announcement, …

finimize.com

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Darden Restaurants Buys Tex-Mex Chain Chuy's For $605 Million

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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 …

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Darden Restaurants To Acquire Chuy's Holdings, Inc. In …

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Jul 17, 2024 · Darden has agreed to acquire Chuy's for $37.50 per share in cash, with a total transaction enterprise value of approximately $605 million, a 40% premium to the 60-day …

yahoo.com

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Darden Restaurants Acquires Chuy’s For $605 Million - FranchiseWire

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Jul 20, 2024 · AP stated, however, that during the first quarter of 2024, Chuy’s posted a 5% decline in same-store sales. Details of the Deal. Darden will purchase all outstanding shares of …

franchisewire.com

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Darden Restaurants Reach Agreement To Buy Chuy's For $605 Million

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Jul 18, 2024 · Darden Restaurants reached an agreement to purchase popular Austin-based Tex-Mex chain Chuy's. The all-cash transaction would add the 101 Chuy's restaurants to the …

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Darden Restaurants Pays A Big Premium To Buy Chuy's Tex-Mex …

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Jul 18, 2024 · Darden Restaurants will buy Tex-Mex restaurant chain Chuy's for $605 million in cash. The $37.50-per-share deal is a 48.4% premium over Chuy's closing price Wednesday. …

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Darden Restaurants' SWOT Analysis: Diverse Portfolio, Delivery …

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1 day ago · Darden Restaurants' SWOT analysis: diverse portfolio, delivery growth drive stock outlook ... Darden announced the acquisition of Chuy's for $605 million in July 2024. This …

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FAQs about Chuy's shares soar 47% on $605 million Darden Restaurants … Coupon?

Does Darden Restaurants own Chuy's holdings?

Darden Restaurants Completes Acquisition of Chuy's Holdings, Inc. ORLANDO, Fla., Oct. 11, 2024 /PRNewswire/ -- 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. ...

How much will Darden buy Chuy's shares?

The all-cash transaction, valued at approximately $605 million, will see Darden purchasing shares at $37.50 each. CHUY shares soared 47% in premarket trading Thursday. Chuy's, founded in Austin, Texas in 1982, is a Tex-Mex restaurant chain recognized for its authentic and freshly prepared dishes. ...

Who owns Chuy's?

Olive Garden Parent Darden to Buy Chuy's in $605 Million Deal (Reuters) - Darden Restaurants, owner of the Olive Garden chain, has agreed to buy full-service restaurant operator Chuy's Holdings in an all-cash deal which has an enterprise value of $605 million, the companies said on Wednesday. ...

Did Darden buy Chuy's Tex-Mex?

Shares of Chuy’s Holdings ( CHUY) soared Thursday after Darden Restaurants ( DRI) announced it was buying the Tex-Mex restaurant chain for $605 million in cash. The parent of Olive Garden, LongHorn Steakhouse, and other eateries said it was paying $37.50 per share for Chuy’s, a 48.4% premium over the stock’s closing price yesterday. ...

What happened to Chuy & Darden?

Shares of Chuy soared more than 47% in after-hours trading to $37.20. Shares of Darden, meanwhile, slipped 0.9% to $146. The deal, an all-cash transaction, comes a year after Darden purchased Ruth's Hospitality Group, whose holdings include Ruth's Chris Steak House, for $715 million. ...

What is the acquisition price per share for Chuy’s?

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. ...