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Ruth's Chris Steak House bought by Darden Restaurants for $715 million

Por: The Advocate Business May 03, 2023

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The Ruth’s Chris Steak House chain is being acquired by Darden Restaurants for about $715 million.The was opened on New Orleans' Broad Street in 1927, and it was acquired by Ruth Fertel in 1965.  Fertel, a divorced mother of two, mortgaged her house to buy the Chris Steak House. She sold a majority of interest in the business in 1999. The company moved its headquarters from Metairie to Orlando less than two months after the devastation... + full article



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