Chuy’s Holdings Inc. was founded in Austin in 1982. It now operates 101 restaurants in 15 states and has 7,400 employees.
Darden Restaurants is adding Tex-Mex to the menu. The parent company of Olive Garden , LongHorn Steakhouse, Yard House and other chains, said Wednesday it’s buying Austin -based Chuy ’s for about $605 million. Darden said it will acquire all outstanding shares of Chuy ’s for $37.50 per share. Those shares closed at $25.27 apiece Wednesday, then soared past $37 in after-hours trading once the deal was announced. Darden shares fell 1% in after-hours trading.
Michelin Guide will rate San Antonio restaurants in Texas expansion Darden said the boards of Darden and Chuy’s have unanimously approved the acquisition. The deal is expected to close later this year, if it’s approved by Chuy’s shareholders. It’s known for its eclectic decor and fresh food, including handmade tortillas and sauces. Like Darden, Chuy’s owns and operates all of its restaurants.
Chuy's Holdings Inc. Tex-Mex Longhorn Steakhouse Olive Garden Yard House Ruth's Chris Steak House Eddie V's Bahama Breeze The Capital Grille Mcdonald's Chuy Rick Cardenas Steven Hislop Chili Applebee Austin Texas San Antonio Florida Orlando Cheddar Scratch Kitchen Jefferies Michelin Guide
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