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Darden Restaurants, Inc. Agrees To Acquire Yard House USA, Inc. For $585 Million
Darden Restaurants, Inc. announced that it has agreed to acquire Yard House USA, Inc. for $585 million in an all-cash transaction from private equity firm TSG Consumer Partners LLC, management and investors. The total transaction price of $585 million includes approximately $30 million of cash tax benefits that are expected to be realized by Darden in fiscal 2013 and fiscal 2014.
Latest Developments for Darden Restaurants Inc
- Darden Restaurants Inc Updates FY 2013 Revenue Guidance; Reaffirms FY 2013 EPS Guidance-Conference Call
- Darden Restaurants Inc Reaffirms FY 2013 Guidance-Conference Call
- Darden Restaurants Inc Revises FY 2013 Revenue Guidance To A Range In Line With Analysts' Estimates; Reaffirms FY 2013 EPS Guidance-Conference Call
- Darden Restaurants Inc Issues Q3 2013 EPS Guidance Below Analysts' Estimates; Lowers FY 2013 Guidance
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