Shares ofChuy's Holdings, Inc. (NASDAQ:CHUY) rose sharply in today's pre-market trading after the company andDarden Restaurants, Inc.(NYSE:DRI) jointly announced that Darden will acquire Chuy's Holdings.
Chuy's Holdings and Darden entered into a definitive agreement in which Darden will acquire all of Chuy's outstanding stock for $37.50 per share in cash. The all-cash transaction has an enterprise value of approximately $605 million.
Chuy's Holdings shares jumped 47.4% to $37.27 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Onconetix, Inc. (NASDAQ:ONCO) gained 65% to $0.2458 in pre...
Login or create a forever free account to read this news
Sign up/Log in