Darden restaurants: Will you get a free meal or can you get food at my hotel?
Nellie’s Deli and Grill, the restaurant chain known for its burgers, salads and sandwiches, is in talks to buy its namesake restaurant chain in the United States.
It would be Darden Restaurants, which is based in New York City and operates more than 100 restaurants across the country.
The acquisition would be worth about $8 billion in cash and about $4 billion in shares.
Darden spokesman Steve Karp told CNNMoney in a statement that it is not a done deal yet and that he could not give an exact price tag for the deal.
He did not provide an estimate of when the deal could close.
Nellie-style burgers and salads are popular among the young and affluent, especially among people who commute to New York, Darden’s website said.
The company, which has more than 4,500 locations in more than 60 countries, is the largest restaurant chain worldwide.