Darden Restaurants Inc. (NYSE: DRI) — the nation's largest restaurant company and parent company of Olive Garden — plans to make its portfolio even bigger with the purchase of the parent company of Ruth's Chris Steak House, one of the largest fine-dining steakhouse restaurant companies in the U.S.
Orlando-based Darden joined with Orlando-based Ruth's Hospitality Group Inc. (Nasdaq: RUTH) on May 3 to announce that the two entered a "definitive merger agreement" in which Darden will make a tender…
