Darden completes acquisition of Chuy's
Darden Restaurants (DRI) announced that it has completed the acquisition of Chuy's Holdings (CHUY) in an all-cash transaction with an enterprise value of approximately $605M. The transaction was approved by a majority of Chuy's Holdings stockholders on October 10, 2024. This follows the merger agreement that was announced on July 17, 2024. In connection with the completion of the merger, Chuy's Holdings common stock ceased trading on Nasdaq.
