Darden Restaurants
American restaurant company
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| July 2024 | Darden Restaurants agreed to acquire Chuy's restaurant chain, expanding its portfolio of casual dining restaurants. |
| May 3 2023 | Darden announced the acquisition of Ruth's Hospitality Group Inc. for $715 million in an all-cash transaction. |
| April 24 2017 | Darden completed the acquisition of Cheddar's Scratch Kitchen. |
| March 27 2017 | Darden announced its intent to acquire Cheddar's Scratch Kitchen for $780 million from shareholders. |
| February 23 2015 | Gene Lee was named permanent CEO after serving as interim CEO since October 2014. |
| 2014 | Clarence Otis, Jr. announced his resignation as CEO, effective at the end of 2014. |
| October 2014 | Shareholders replaced the entire board with Starboard's slate of directors. |
| September 2014 | Starboard released a 294-slide presentation critiquing Darden's management, particularly focusing on Olive Garden's operational practices. |
| July 2014 | Darden Restaurants sold Red Lobster, the restaurant chain that originally formed the foundation of the company. |
| May 2014 | Darden sold Red Lobster to private equity firm Golden Gate Capital for $2.1 billion, a move criticized by Starboard and other investors as a 'fire sale'. |
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