Darden Restaurants Acquires Chuy's Holdings for $605 Million
Explore the details of Darden Restaurants' recent acquisition of Chuy's Holdings Inc. for $605 million and its impact on the restaurant industry.
Photo by iMin Technology on Unsplash
Photo by iMin Technology on Unsplash
Overview of the Acquisition
Darden Restaurants Inc., known for its popular brands like Olive Garden and LongHorn Steakhouse, recently finalized the purchase of Chuy's Holdings Inc. in a deal worth $605 million. This transaction marks a significant move for Darden as it adds Chuy's to its extensive portfolio of restaurant chains.