![]() ![]() (the "Company" or "Ruth's") common stock will only be made pursuant to the tender offer materials that Darden and Merger Sub intend to file with the SEC. A solicitation and offer to buy outstanding shares of Ruth's Hospitality Group, Inc. This communication is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any securities, nor is it a substitute for the tender offer materials that Darden and a wholly-owned subsidiary of Darden ("Merger Sub") will file with the United States Securities and Exchange Commission (the "SEC") upon commencement of the tender offer. The tender offer described above has not yet commenced. as measured by the total number of Company-owned and franchisee-owned restaurants, with more than 150 Ruth's Chris Steak House locations worldwide specializing in USDA Prime grade steaks served in Ruth's Chris' signature fashion – "sizzling." For more information, please visit Additional Information about the Tender Offer and Where to Find It Ruth's Hospitality Group, Inc., headquartered in Winter Park, Florida, is the largest fine dining steakhouse company in the U.S. For more information, please visit About Ruth's Hospitality Group, Inc. For those who cannot listen to the live broadcast, a replay will be available on the Investor Relations section of Darden's website at: after the call.ĭarden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V's. Prior to the call, a slide presentation will be posted on the Investor Relations section of Darden's website at: For those who cannot access the Internet, please dial 1-80 and provide the conference passcode 71522. ![]() ![]() To listen to the call live, please go to at least fifteen minutes early to register, download, and install any necessary audio software. The call information provided in the earlier press release was incorrect this press release is issued to provide updated call information. As previously announced, the companies will host a conference call to discuss the transaction on Thursday, May 4, 2023, at 8:30 a.m. ("Ruth's") (Nasdaq:RUTH) announced earlier today that they have entered into a definitive merger agreement pursuant to which Darden will commence a tender offer to acquire all of the outstanding shares of Ruth's for $21.50 per share, in an all-cash transaction with an equity value of approximately $715 million. ("Darden") (NYSE:DRI) and Ruth's Hospitality Group, Inc. Darden also owns the popular restaurants Olive Garden, Red Lobster, and Longhorn Steakhouse, all located along International Speedway Blvd in Daytona Beach.ORLANDO, Fla., /PRNewswire/ - Darden Restaurants, Inc. Bahama Breeze is owned by Darden Restaurants, the nation’s largest casual dining restaurant company. The first Bahama Breeze opened in 1996 in Orlando, FL, and now operates 24 restaurants nationally. Bahama Breeze also offers curbside-to-go orders and free WiFi for its guests. Wash it down with a sampling from their extensive drink menu which includes alcoholic beverages with names like Yaka Hula Hickey Dula, Goombay Smash, and the Zombie. Well it’s almost time for your Caribbean escape, as Bahama Breeze is set to open its doors to the public on August 5th.Īt Bahama Breeze you can enjoy delicious lunch and dinner items such as Coconut Shrimp, Jerk Chicken Pasta, an array of fresh fish, and much more. The unique combination of Caribbean-inspired food, handcrafted tropical drinks, and vibrant atmosphere found at national restaurant chain Bahama Breeze Island Grille is coming to Daytona Beach! You may have noticed the new Darden-owned restaurant being built in front of the Volusia Mall on US-92. ![]()
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