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.
  • bazinga@discuss.tchncs.de
    31·
    6 days ago

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

    • Jackusflackus@lemmy.world
      2·
      6 days ago

      Pretty sure it was Taco Bell that wins the franchise wars. Pizza Hut doesn’t count, the EU movies don’t really exist anymore. They got bought out by Taco Bell too :P

  • Seaguy05@lemmy.world
    1·
    6 days ago

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