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Stock impact report

Chuy's headquarters moving to Florida after Darden acquisition [Yahoo! Finance]

Darden Restaurants, Inc. (DRI) 
Last darden restaurants, inc. earnings: 3/19 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
AUSTIN ( Austin Business Journal ) — Chuy's is relocating its headquarters from Austin to Orlando, Florida, now that its $605 million acquisition by Darden Restaurants Inc. has become final. “For Chuy's to benefit from Darden's competitive advantages, we will need to consolidate the support functions at their home office in Austin and transfer them to our Restaurant Support Center in Orlando,” Darden spokesperson Rich Jeffers said in an email. Orlando-based Darden — with a portfolio ranging from Olive Garden and LongHorn Steakhouse to Ruth's Chris and Eddie V's — announced Oct. 11 that it completed its acquisition of Chuy's Holdings Inc. The transaction was approved by a majority of Chuy's stockholders on Oct. 10, Darden said. Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Recommended Stories Show less Read more
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