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The purchase of Yard House by Darden Restaurants (DRI -0.5%) - already catching some sarcastic...
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Friday, July 13, 2012, 11:16 AM ETThe purchase of Yard House by Darden Restaurants (DRI -0.5%) - already catching some sarcastic comments from industry gurus - draws the disapproval of Fitch with a revised outlook to negative. The ratings agency says the incremental debt needed to fund the deal will increase leverage to the high end of its acceptable range.
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