Parent company of Olive Garden buys Ruth’s Chris Steak House

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Ruth’s Chris Steak House has 154 locations worldwide. The chain opened its first restaurant in 1927.

Ruth's Chris Steak House has been sold to the parent company of the Olive Garden restaurant chain.The parent company of Olive Garden has agreed to buy the Ruth’s Chris Steak House chain for approximately $715 million.

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Olive Garden's parent company brings Ruth's Chris Steak House into fold for $715M.OliveGarden's parent company, darden Restaurants, announced its purchase of Ruth's Hospitality Group for $715 million. Ruth's was purchased in an all-cash deal at $21.50 per share, which means RuthsChris Steak House will fall under Darden Restaurants,
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