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Darden Restaurants To Acquire Cheddar's Scratch Kitchen for $780 Million

Orlando, Fla. — Darden Restaurants, Inc. has agreed to acquire Cheddar's Scratch Kitchen (Cheddar's) for $780 million in an all-cash transaction. Cheddar's will add to Darden's portfolio of differentiated brands, which currently includes Olive Garden, LongHorn Steakhouse, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V's.

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