Darden Restaurants Inc. - Darden Restaurants to Acquire Ruth's ...
WEBMay 3, 2023 · Darden has agreed to acquire Ruth's for $21.50 per share, with a total transaction equity value of approximately $715 million, representing a 34% premium to the May 2 closing price and a 32% premium to the 30-day volume weighted average price. Purchase price represents a 9.4x implied multiple of Ruth's fiscal year 2022 Transaction Adjusted EBITDA.*
Darden buys Ruth’s Chris Steak House for about $715 million - AP News
WEBMay 3, 2023 · Darden Restaurants is buying Ruth’s Hospitality Group Inc., the owner of Ruth’s Chris Steak House, for about $715 million, Wednesday, May 3, 2023. Darden will acquire all outstanding shares of Ruth’s for $21.50 per share.
Big Changes Are Coming To Ruth's Chris Steak House In 2024
WEBJan 16, 2024 · Ruth's Chris is already expanding its Minnesota footprint with a second location, opening in Rochester's downtown in the spring of 2024. Additionally, tentative plans are in store to move out of North America and into Asia in the coming years.
RUTH Stock Alert: The $715 Million Reason Ruth's ... - InvestorPlace
WEBMay 3, 2023 · Ruth’s Hospitality Group (RUTH) stock is climbing higher on acquisition news. Darden Restaurants (DRI) is acquiring the company for $715 million. The acquisition deal values RUTH stock at...
Darden Restaurants Completes Acquisition of Ruth's Hospitality …
WEBJun 14, 2023 · Darden Restaurants, Inc. ("Darden") (NYSE: DRI), announced today that it has completed its acquisition of Ruth's Hospitality Group, Inc. ("Ruth's"). The Ruth's Chris Steak House brand now joins and complements Darden's portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Yard House, Cheddar's Scratch Kitchen, The ...
Darden Restaurants Completes Acquisition of Ruth's Hospitality …
WEBJun 14, 2023 · The Ruth's Chris Steak House brand now joins and complements Darden's portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Yard House, Cheddar's Scratch Kitchen,...
Supreme Court Justice Ruth Bader Ginsburg has died | CNN
WEBSep 18, 2020 · After news broke that Justice Ruth Bader Ginsburg had died, hundreds showed up outside the Supreme Court last night to pay tribute to her with a makeshift memorial on the building’s steps.
Olive Garden owner Darden Restaurants buys Ruth's Chris Steak …
WEBMay 3, 2023 · Key Points. Darden Restaurants is buying the parent company of Ruth's Chris Steak House for $715 million. Ruth's will join Darden's fine-dining portfolio, which already includes The Capital...
Darden Closes Ruth's Hospitality Acquisition; RUTH Ceases …
WEBJun 14, 2023 · Darden Restaurants Inc (NYSE:DRI) closed the acquisition of Ruth's Hospitality Group, Inc (NASDAQ:RUTH) in cash for $21.50 per share. The price translates to an equity value of...
Ruth Bader Ginsburg lies in state at US Capitol - CNN
WEBSep 25, 2020 · Justice Ruth Bader Ginsburg’s body lay in state at the US Capitol. She became the first woman and Jewish person in history to do so there. Earlier this week, her body lay in repose on the...