Lawyers for the purveyor of plant-based meat substitutes are beginning debt discussions with bondholders owed $1.1 billion, according to people familiar with the matter.
San Diego-based pet food retailer said that interim CEO R. Michael Mohan would transition to a new role leading a board committee focused on value creation.
Darden said it will acquire all the outstanding shares of Chuy’s for $37.50 per share. The price represents a 40% premium to Chuy’s 60-day volume weighted price.
In Austria, three exhibitions focused on looted art confront the country’s dark past, one staged in a salt mine where the Nazis cached thousands of stolen artworks during World War II.