ORLANDO Fla. Darden Restaurants Inc.’s pending acquisition of Rare Hospitality International Inc. took another step toward its expected October closing as the casual-dining operator secured two new credit agreements totaling $1.9 billion to help finance the deal, Darden said Monday in filings with securities regulators. Darden’s purchase of Rare Hospitality, the Atlanta-based owner and operator of the LongHorn Steakhouse and The Capital Grille concepts, was first announced in August ...
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Contact: Desiree Torres Desiree.Torres@penton.com