Darden Restaurants Acquires Chuy’s for $605 Million, Expands into Tex-Mex Sector

Darden Restaurants acquires Tex-Mex chain Chuy’s for $605 million, marking its expansion into the Tex-Mex dining sector. The deal involves acquiring all outstanding shares of Chuy’s at a significant premium, pending shareholder approval. With Chuy’s known for its unique decor and fresh offerings, Darden sees this acquisition as a strategic move to diversify its dining options and tap into substantial growth potential.