Major pizza chain bought in $2.7B deal months after announcing 250 store closures

Months after announcing hundreds of store closures, this major pizza chain's parent company is selling it off entirely.
WSB Radio on MSN

Pizza Hut sold in $2.7B deal

The restaurant chain’s deal includes a $1.5 billion sale to private equity firm LongRange Capital.
Daily Voice Loudoun County, VA on MSN

Yum! Brands To Sell Off Pizza Hut For $2.7B

Pizza Hut is being sold in a $2.7 billion deal as the struggling pizza chain looks for a reset after years of slumping sales and growing competition. Yum! Brands has reached agreements to sell Pizza ...

Pizza Hut is getting a new owner: Private equity firm LongRange buys chain in $1.5 billion deal

Yum! Brands is selling Pizza Hut for $2.7B, with LongRange Capital and Yum China taking over. Yum! will refocus on KFC, Taco Bell, and Habit Burger.
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Yum Brands stock jumps after Pizza Hut sale announcement in $2.7B deal, investors cheer move

Yum Brands announced on Tuesday that it is selling Pizza Hut in two separate deals worth a combined $2.7 billion. The biggest part of the deal is the sale of Pizza Hut's business outside mainland ...

Yum! Brands sells struggling Pizza Hut in $2.7 billion deal

The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
WLKY

Louisville-based Yum! Brands to sell Pizza Hut in $2.7 billion deal

CAMPUSES. WE WILL LET YOU KNOW WHEN MORE INFORMATION AVAILABLE. NEW AT 930. WE’VE NOW LEARNED THAT LOUISVILLE BASED YUM BRANDS IS SELLING PIZZA HUT IN A DEAL WORTH $2.7 BILLION. THE COMPANY ANNOUNCING ...

Yum strikes two deals to sell Pizza Hut for $2.7 billion in tale of diverging fortunes

Yum Brands said ​on Tuesday it would sell its Pizza Hut chain for a combined $2.7 billion in two deals that highlight separate trajectories ‌for its business in China and the rest of the world.

Yum Brands sells Pizza Hut for $2.7 billion, sharpens focus on Taco Bell and KFC

Yum Brands agreed to sell Pizza Hut in a $2.7 billion transaction and approved a new $4 billion buyback authorization while prioritizing KFC and Taco Bell ...
Seeking Alpha

Wall Street Lunch: Yum! Brands Serves Up Pizza Hut In $2.7B Deal

Yum! Brands (YUM) is divesting Pizza Hut for $2.7B to focus on accelerating growth in its remaining brands. Dave & Buster's (PLAY) missed Q1 expectations but reaffirmed its full-year outlook, ...

Pizza Hut selling for $2.7 billion. What will happen in Florida?

Yum! Brands is selling Pizza Hut to private equity firm LongRange Capital for $1.5 billion. Yum China Holdings will acquire Pizza Hut in Mainland China for approximately $1.2 billion. The sales are ...
U.S. News & World Report

Yum Strikes Two Deals to Sell Pizza Hut for $2.7 Billion in Tale of Diverging Fortunes

June 17 (Reuters) - Yum Brands said on ⁠Tuesday ⁠it would sell its Pizza Hut chain for ⁠a combined $2.7 billion in two deals that highlight separate trajectories for its business in China and the rest ...