Mario Batali gives up his restaurants amid sexual assault claims

One year after women came forward to accuse chef Mario Batali of sexual assault and harassment, the Bastianich family and other stakeholders purchased his shares to end their 20-year-long partnership, the New York Times reports.

Details: The new ownership will keep the remaining 16 restaurants open with different management and operations. When the allegations surfaced, Batali's reputation crumbled along with several restaurants in the U.S. and in East Asia that closed due to struggling business. Batali will also sell his shares in the Italian superstore chain Eataly.