Pizza Hut is on the brink of transformation as Yum Brands agrees to sell the struggling chain for a hefty $2.7 billion. The deal paves the way for private equity firm LongRange Capital to take control in numerous markets, while Yum China Holdings Inc. will oversee operations in mainland China.
  • Seaguy05@lemmy.world
    1·
    5 months ago

    Darn those millennials… They struck again. How could they not spend the money they don’t have to save this worthy company?

  • bazinga@discuss.tchncs.de
    1·
    5 months ago

    … And I thought all restaurants are going to be Pizza Hut in the future after the big franchise wars (demolition man) 😉