Darden Restaurants Inc. - Darden Restaurants to Acquire Chuy's …

Mar 31, 2024 · Darden Restaurants, Inc. ("Darden") (NYSE:DRI) and Chuy's Holdings, Inc. ("Chuy's") (Nasdaq: CHUY), jointly announced today that they have entered into a definitive …

40%
OFF

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

2 weeks from now

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

$605
OFF

Darden Restaurants Buys Chuy's For $605M, Adding To Chain …

2 weeks from now

Jul 18, 2024 · Darden, which already owns popular restaurant brands such as Olive Garden, LongHorn Steakhouse and Ruth's Chris Steak House, agreed to acquire all outstanding …

usatoday.com

$605
OFF

Darden Restaurants To Acquire Chuy’s Holdings In $605m Deal

2 weeks from now

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 …

yahoo.com

$605
OFF

Darden Restaurants To Acquire Chuy's For Approximately $605 Million

2 weeks from now

Jul 17, 2024 · Darden agreed to acquire all outstanding shares of Chuy's at $37.50 per share, according to a press release.

cnbc.com

$660
OFF

Darden Restaurants, Inc. Completed The Acquisition Of Chuy's …

2 weeks from now

Oct 10, 2024 · Darden Restaurants, Inc. (NYSE:DRI) entered into a definitive agreement to acquire Chuy's Holdings, Inc. (NasdaqGS:CHUY) for approximately $660 million on July 17, …

marketscreener.com

$37.50
OFF

Darden (DRI) To Diversify Its Portfolio By Acquiring Chuy's

2 weeks from now

Jul 18, 2024 · Darden Restaurants, Inc. DRI has entered into a definitive agreement with Chuy's Holdings, Inc. CHUY to acquire all its outstanding shares for $37.50 per share.Chuy's owns …

nasdaq.com

$605
OFF

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

2 weeks from now

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 …

nasdaq.com

3%
OFF

QV Investors Inc. Boosts Stock Holdings In Darden Restaurants, Inc ...

2 weeks from now

2 days ago · QV Investors Inc. grew its holdings in shares of Darden Restaurants, Inc. (NYSE:DRI - Free Report) by 4.3% during the 4th quarter, according to its most recent 13F filing with the …

marketbeat.com

47%
OFF

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

2 weeks from now

Jul 18, 2024 · Investing.com - Darden Restaurants Inc (NYSE:DRI) and Chuy's Holdings Inc (NASDAQ:CHUY) have jointly announced their definitive agreement for a merger, with Darden …

yahoo.com

2%
OFF

Darden Restaurants: A Leader In The Full-Service Restaurant Industry

2 weeks from now

Up to 2% cash back · Darden Restaurants is the premier full-service dining company, operating over 1,800 locations. Learn about our company, buy gift cards, search careers and …

FAQs about Darden Restaurants Inc. - Darden Restaurants to Acquire Chuy's … Coupon?

Did Darden acquire Chuy's holdings?

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. ...

Is Chuy's owned by Darden Restaurants?

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. ...

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

What are the key aspects of Darden's deal with Chuy?

Key aspects of the deal include a premium of 40% to the 60-day volume weighted average price, and an implied multiple of 10.3x Chuy's Transaction Adjusted EBITDA for the twelve months ending March 31, 2024. Darden anticipates pre-tax net synergies of approximately $15 million by the end of its fiscal 2026. ...

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. ...

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. ...