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Pizza Hut Changes Hands for $2.7B
Published 2 days, 8 hours ago
Description
Pizza Hut is getting a major makeover after Yum Brands, the parent of KFC and Taco Bell, sells it for $2.7 billion — a move aimed at focusing on stronger brands while new owners LongRange and Yum China step in to revitalize the iconic chain amid declining sales and outdated locations.
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