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General

Yum! Will Sell Struggling Pizza Hut for $2.7 Billion

Source: bloombergMarkets June 16, 2026 · 07:19
Yum! Brands is selling the chain to private equity firm LongRange Capital. The deal is expected to close in the third quarter. Yum! will now focus more on its better-performing Taco Bell and KFC chains. Michael Halen of Bloomberg Intelligence is on "Bloomberg Open Interest." (Source: Bloomberg)
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