for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Darden to sell Smokey Bones restaurant to Barbeque for $80 mln

Dec 4 (Reuters) - Darden Restaurants Inc's DRI.N said it agreed to sell its Smokey Bones Barbeque & Grill chain to Barbeque Integrated Inc, an affiliate of Sun Capital Partners Inc, for about $80 million.

Banc of America Securities LLC was the financial advisor to Darden on the transaction, the company said. The sale is expected to close within 45 days. (Reporting by Neetha Mahadevan in Bangalore; editing by Anil D’Silva; )

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up