Market Currents
Reaction to the purchase by Darden Restaurants (DRI) of Yard House for a cool $585M starts to...
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Friday, July 13, 2012, 8:37 AM ETReaction to the purchase by Darden Restaurants (DRI) of Yard House for a cool $585M starts to pile in with several sell-side analysts supporting the deal, but other retail industry watchers raising questions. Hedgeye Risk Management and Tiburon Research Group are the clubhouse leaders for sarcasm, as displayed in their takes that the deal may be a bit large for Darden. DRI -1.4% premarket.
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