Darden Restaurants to acquire Cheddar’s Scratch Kitchen for $780 million in an all-cash transaction

ORLANDO, Fla., 2017-Apr-25 — /EPR Retail News/ — Darden Restaurants, Inc. (NYSE:DRI) today (April 24, 2017) announced that it has completed the acquisition of Cheddar’s Scratch Kitchen (Cheddar’s) for $780 million in an all-cash transaction from its stockholders including private equity firms L Catterton and Oak Investment Partners. This follows the agreement that was announced […]

Darden Restaurants to add Cheddar’s Scratch Kitchen to its portfolio of differentiated brands

ORLANDO, Fla., 2017-Mar-30 — /EPR Retail News/ — Darden Restaurants, Inc. (NYSE: DRI) today (March 27, 2017) announced that it has agreed to acquire Cheddar’s Scratch Kitchen (Cheddar’s) for $780 million in an all-cash transaction from its stockholders including private equity firms L Catterton and Oak Investment Partners. Cheddar’s will add to Darden’s portfolio of […]