March 27, 2017 / 8:30 PM / 5 months ago

Darden Restaurants to buy Cheddar's Scratch Kitchen for $780 mln

March 27 (Reuters) - Olive Garden owner Darden Restaurants Inc said on Monday it would buy Cheddar's Scratch Kitchen for $780 million in an all-cash transaction.

Darden would buy the restaurant chain from its shareholders including private equity firms L Catterton and Oak Investment Partners. (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Shounak Dasgupta)

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