Darden Restaurants to buy Tex-Mex chain Chuy's for $605M

Darden Restaurants to buy Tex-Mex chain Chuy's for $605M

Darden Restaurants acquires Chuy's for $605 million to diversify its portfolio. Analyst Gargiulo believes this move will drive growth and create synergies, benefiting the company in the long term. Despite inflation, the restaurant industry is closely monitoring consumer spending trends.

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