8-K
filed October 11, 2024, 7:59 PM ET
CIK 0001524931
M&A
confidence high
sentiment positive
materiality 0.90
Darden completes acquisition of Chuy's Holdings for $37.50 per share; aggregate ~$660M
CHUY'S HOLDINGS, INC.
- Each share of CHUY common stock converted into $37.50 cash; total consideration ~$660M including RSUs.
- Trading of CHUY suspended; delisting from Nasdaq and SEC deregistration requested.
- Board of directors replaced; Anthony Morrow appointed sole director of Chuy's.
- Existing credit agreement with JPMorgan Chase terminated upon closing.
- Merger financed with proceeds from Darden's senior note offerings.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jon Howie departed as Director at CHUY'S HOLDINGS, INC..
- Action
- ceased to be
- Role
- Director
Exact text from the filing
In connection with the consummation of the Merger, each of Steve Hislop, Jody Bilney, Randall DeWitt, Nancy Freda-Smith, Jon Howie, Saed Mohseni and Ira Zecher, the members of the board of directors of the Company immediately prior to the Effective Time, ceased to be directors of the Company at the Effective Time, and Anthony G. Morrow, the sole director of Merger Sub immediately prior to the Effective Time, became the sole director of the Company as of the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Anthony G. Morrow was appointed as Sole Director at CHUY'S HOLDINGS, INC..
- Action
- became
- Role
- Sole Director
Exact text from the filing
In connection with the consummation of the Merger, each of Steve Hislop, Jody Bilney, Randall DeWitt, Nancy Freda-Smith, Jon Howie, Saed Mohseni and Ira Zecher, the members of the board of directors of the Company immediately prior to the Effective Time, ceased to be directors of the Company at the Effective Time, and Anthony G. Morrow, the sole director of Merger Sub immediately prior to the Effective Time, became the sole director of the Company as of the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Randall DeWitt departed as Director at CHUY'S HOLDINGS, INC..
- Action
- ceased to be
- Role
- Director
Exact text from the filing
In connection with the consummation of the Merger, each of Steve Hislop, Jody Bilney, Randall DeWitt, Nancy Freda-Smith, Jon Howie, Saed Mohseni and Ira Zecher, the members of the board of directors of the Company immediately prior to the Effective Time, ceased to be directors of the Company at the Effective Time, and Anthony G. Morrow, the sole director of Merger Sub immediately prior to the Effective Time, became the sole director of the Company as of the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Ira Zecher departed as Director at CHUY'S HOLDINGS, INC..
- Action
- ceased to be
- Role
- Director
Exact text from the filing
In connection with the consummation of the Merger, each of Steve Hislop, Jody Bilney, Randall DeWitt, Nancy Freda-Smith, Jon Howie, Saed Mohseni and Ira Zecher, the members of the board of directors of the Company immediately prior to the Effective Time, ceased to be directors of the Company at the Effective Time, and Anthony G. Morrow, the sole director of Merger Sub immediately prior to the Effective Time, became the sole director of the Company as of the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jody Bilney departed as Director at CHUY'S HOLDINGS, INC..
- Action
- ceased to be
- Role
- Director
Exact text from the filing
In connection with the consummation of the Merger, each of Steve Hislop, Jody Bilney, Randall DeWitt, Nancy Freda-Smith, Jon Howie, Saed Mohseni and Ira Zecher, the members of the board of directors of the Company immediately prior to the Effective Time, ceased to be directors of the Company at the Effective Time, and Anthony G. Morrow, the sole director of Merger Sub immediately prior to the Effective Time, became the sole director of the Company as of the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Steve Hislop departed as Director at CHUY'S HOLDINGS, INC..
- Action
- ceased to be
- Role
- Director
Exact text from the filing
In connection with the consummation of the Merger, each of Steve Hislop, Jody Bilney, Randall DeWitt, Nancy Freda-Smith, Jon Howie, Saed Mohseni and Ira Zecher, the members of the board of directors of the Company immediately prior to the Effective Time, ceased to be directors of the Company at the Effective Time, and Anthony G. Morrow, the sole director of Merger Sub immediately prior to the Effective Time, became the sole director of the Company as of the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Nancy Freda-Smith departed as Director at CHUY'S HOLDINGS, INC..
- Action
- ceased to be
- Role
- Director
Exact text from the filing
In connection with the consummation of the Merger, each of Steve Hislop, Jody Bilney, Randall DeWitt, Nancy Freda-Smith, Jon Howie, Saed Mohseni and Ira Zecher, the members of the board of directors of the Company immediately prior to the Effective Time, ceased to be directors of the Company at the Effective Time, and Anthony G. Morrow, the sole director of Merger Sub immediately prior to the Effective Time, became the sole director of the Company as of the Effective Time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Saed Mohseni departed as Director at CHUY'S HOLDINGS, INC..
- Action
- ceased to be
- Role
- Director
Exact text from the filing
In connection with the consummation of the Merger, each of Steve Hislop, Jody Bilney, Randall DeWitt, Nancy Freda-Smith, Jon Howie, Saed Mohseni and Ira Zecher, the members of the board of directors of the Company immediately prior to the Effective Time, ceased to be directors of the Company at the Effective Time, and Anthony G. Morrow, the sole director of Merger Sub immediately prior to the Effective Time, became the sole director of the Company as of the Effective Time.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
CHUY'S HOLDINGS, INC.: Certificate of Incorporation amended and restated.
- Change
- charter amendment
Exact text from the filing
As of the Effective Time, the Certificate of Incorporation of the Company that was in effect immediately before the Effective Time was amended and restated to be in the form attached hereto as Exhibit 3.1 and is incorporated by reference into this Item 5.03.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
CHUY'S HOLDINGS, INC.: Bylaws amended and restated.
- Change
- bylaw amendment
Exact text from the filing
As of the Effective Time, the Bylaws of the Company that were in effect immediately before the Effective Time were amended and restated to be in the form attached hereto as Exhibit 3.2 and are incorporated by reference into this Item 5.03.
View on SEC.gov
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