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Darden Restaurants, owner of Olive Garden, acquires Tex-Mex chain Chuy’s for $605 million


Darden Restaurants, owner of Olive Garden, acquires Tex-Mex chain Chuy’s for 5 million

Darden Restaurants will acquire Chuy’s in a deal valued at approximately $605 million, the companies jointly announced Wednesday. Darden, which already owns popular restaurant brands such as Olive Garden, LongHorn Steakhouse and Ruth’s Chris Steak House, has agreed to acquire all outstanding shares of Chuy’s for $37.50 per share, according to a press release. Chuy’s […]