trending Market Intelligence /marketintelligence/en/news-insights/trending/iwMQ0t6YutSyQKWF7XW8MA2 content esgSubNav
In This List

Darden Restaurants completes purchase of Cheddar's

Blog

Europe: 5 key OTT trends to watch in 2022

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Darden Restaurants completes purchase of Cheddar's

Darden Restaurants Inc. on April 24 completed its acquisition of Cheddar's Inc. for a transaction value of $780.0 million.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Merrill Lynch Pierce Fenner & Smith Inc. was the financial adviser for Darden Restaurants, and Hunton & Williams LLP was the legal adviser.

Morgan Stanley & Co. LLC was the financial adviser for Cheddar's, while DLA Piper LLP (US) was the legal adviser.