Date: | --/--/-- --:--:-- |
Event Id: | E55QL83KB |
Action Type: | MERGER |
Action Status: | COMPLETED |
Acquirer Symbol: | |
Target Symbol: | CHUY |
Updated: | --/--/-- --:--:-- |
Purchase Price Per Share: | 37.5 |
Price Per Share Currency: | USD |
News References: | https://www.prnewswire.com/news-releases/darden-restaurants-completes-acquisition-of-chuys-holdings-inc-302272722.html |
Action Notes
Darden Restaurants (Darden) is acquiring Chuy's Holdings (Chuy's) for $37.50 per share, in an all-cash transaction. The definitive merger agreement includes a 30-day Go-Shop period. The transaction is subject to certain conditions, including the approval by a majority of Chuy's stockholders, the expiration or termination of the applicable waiting period under the HSR Act and other customary conditions. It is expected to close in Darden's fiscal second quarter. The Chuy special shareholder meeting to vote on the transaction will be held on 10/10.