Report: Mario Batali giving up stake in all restaurants


Celebrity chef Mario Batali is giving up his stake in his restaurants.

According to the New York Times (, the move comes a year after Batali was accused by several women of sexual assault and harassment. Batali and the Bastianich family of restaurateurs had a 20-year partnership.

Related Content: Celebrity chef Mario Batali will not face sex assault charges: Sources

The publication reported that a new company has been created and will manage remaining 16 restaurants.

According the the New York Times, Batali is also sharing his shares in Eataly, a chain of luxury Italian supermarkets.

Batali has a restaurant in New Haven, Tarry Lodge, which is located on Park Street.

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