Darden Restaurants, Inc. /
Ruth’s Hospitality Group, Inc.
Darden Restaurants Completes Ruth’s Hospitality Group Acquisition
- Price per share
- $21.50/share
- Stage
- Closed
What happened
Darden Restaurants, Inc. completed its acquisition of Ruth’s Hospitality Group, Inc. on June 14, 2023, through a merger with Ruth’s Hospitality Group, Inc. The deal included a tender offer of $21.50 per share in cash.
Ruth’s became an indirect, wholly owned subsidiary of Darden. Its Ruth’s Chris Steak House brand joined Darden’s portfolio of restaurant brands.
The source
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Darden Restaurants Completes Ruth’s Hospitality Group Acquisition
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