Darden Restaurants reach agreement to buy Chuy's for $605 million

Category: Business

Darden is acquiring 101 Chuy's restaurants for $605 million, adding them to its portfolio. The transaction has been approved by both companies' board of directors. Chuy's, founded in Austin in 1982, has stores in 15 states. The sale is expected to be finalized in Darden's fiscal second quarter.

Keywords: Darden, Chuy's, acquisition, restaurants, transaction

Source: FOX 4 News Dallas-Fort Worth

Update At: 7/18/2024

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