The move follows a similar retreat by Tractor Supply as more companies face criticism over DEI.

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.

The journalist-turned-media executive was hired by Jeff Bezos to turn around the Washington Post, but a past role at News Corp is casting a shadow.

Five Below replaced its longtime chief executive and cut its outlook for the second quarter as the discount retailer continues to grapple with slower consumer spending.

Move follows a new California law affecting communications between schools and families over gay and transgender students.

The ticketing marketplace had been eyeing a valuation of about $16.5 billion for its offering.