DRI, CHUY

, CHUY

--/--/-- --:--:-- Back to news

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.