Yum Brands announced it will sell Pizza Hut for $2.7 billion, splitting the deal between Yum China Holdings and private equity firm LongRange Capital.
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Yum Brands Sells Pizza Hut for $2.7 Billion
- Struggling Pizza Hut chain to be sold for $2.7bn BBC News —
- Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia Fortune —
- Pizza Hut to be sold for $2.7B after years of lagging sales NY Post —
- Pizza Hut is getting a new owner: private equity firm LongRange buys chain in $1.5 billion deal Business Insider —
- Pizza Hut’s strange new private equity bedfellows: 24 Hour Fitness and a ‘deathcare’ firm NBC News —
Yum Brands to sell struggling Pizza Hut chain for $2.7 billion
Reuters
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