Darden Restaurants to Acquire Chuy's Holdings, Inc. in Approximately $605 Million Transaction

ORLANDO, Fla. and AUSTIN, Texas, July 17, 2024 /PRNewswire/ -- 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 agreement pursuant to which Darden will acquire all of the outstanding shares of Chuy's for $37.50 per share, in an allcash transaction with an enterprise value of approximately$605 million. Chuy's will complement Darden's portfolio of iconic brands, which currently includes Olive G ...