Darden Restaurants to Buy Ruth's Chris Steak House Owner
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Welcome a new member to the family.
Olive Garden parent Darden Restaurants apparently has no reservations about expanding in a down economy. On Wednesday it agreed to buy Ruth's Hospitality Group in a $715 million all-cash deal expected to close in June. So be prepared for the debut of the even more confusingly named Darden's Ruth's Chris Steak House.
Source Fool.com
Darden Restaurants Inc. Stock
€139.45
1.160%
With 35 Buy predictions and not a single Sell prediction Darden Restaurants Inc. is an absolute favorite of our community.
With a target price of 169 € there is a positive potential of 21.19% for Darden Restaurants Inc. compared to the current price of 139.45 €.
