Seeking Alpha

Now that Darden Restaurants (DRI) has completed its $585M purchase of Yard House from TSG...

Now that Darden Restaurants (DRI) has completed its $585M purchase of Yard House from TSG Consumer Partners the restaurant operator adds The Capital Grille, Bahama Breeze, Seasons 52. and Eddie V's to its stable of brands. The company also tacks on another $300M to its debt load from the deal, which will prompt it to pull back on stock buybacks.
Comments (2)
  • jimgo43
    , contributor
    Comments (2) | Send Message
     
    I hope DRI is not getting to far away from their core principles. I've seen too many companies do this and fail. I've followed DRI ever since they were a part of GIS.
    31 Aug 2012, 09:41 AM Reply Like
  • Alphadaze
    , contributor
    Comments (36) | Send Message
     
    I worked for DRI for many years and they have always been a very sharp group. I have faith they are making intelligent moves.

     

    Long DRI
    31 Aug 2012, 03:45 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs