Chuy’s Holdings Announces Special Meeting of Stockholders
Chuy’s Holdings, Inc. (“Chuy’s”) (NASDAQ: CHUY) has officially announced the record date for stockholders who are eligible to vote at the upcoming Special Meeting of Stockholders. This meeting will cover several important proposals, including the adoption of the previously disclosed Agreement and Plan of Merger with Darden Restaurants, Inc.
Details of the Special Meeting
The record date to determine who can participate in the meeting is August 30, 2024. The Special Meeting is set to begin at 9:00 a.m. Central Time and will be held at Chuy's headquarters. Attendance is limited to stockholders of record or beneficial owners who can provide a legal proxy along with proof of ownership.
About the Proposed Merger
This merger will result in Chuy’s becoming an indirect, wholly-owned subsidiary of Darden. To finalize the transaction, several customary closing conditions must be satisfied, including obtaining regulatory approvals and securing stockholder votes. The completion of this merger is expected to take place in the fourth quarter of 2024.
Chuy’s Overview
Established in 1982, Chuy’s operates full-service Tex-Mex restaurants across 15 states. The company is committed to offering freshly prepared and flavorful dishes in a lively atmosphere that showcases the unique character of each location, emphasizing the idea that every Chuy’s restaurant has its own distinct personality.
Investor Relations and Communication
Chuy’s prioritizes transparency and open communication with its investors. For any inquiries, please contact Jeff Priester at 332-242-4370 or reach out via email.
Further Information Regarding the Merger
Chuy’s intends to file a proxy statement with the SEC that will include detailed information about the merger. Stockholders are encouraged to review this information carefully when it becomes available.
Frequently Asked Questions
What is the purpose of the Special Meeting?
The Special Meeting will focus on the proposal for Chuy’s merger with Darden Restaurants and other related matters.
When is the record date for stockholders?
The record date is scheduled for August 30, 2024.
Where will the Special Meeting take place?
The meeting will occur at Chuy’s headquarters located at 1623 Toomey Rd.
What should stockholders bring to the meeting?
Stockholders are required to present a legal proxy and proof of ownership, which may include an account statement or a voting instruction card.
What is the expected timeline for the merger completion?
The merger is anticipated to be finalized in the fourth quarter of 2024, contingent upon receiving all necessary approvals.
