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Pizza Hut Sold in $2.7 Billion Deal Amid Competitive Pressures
Yum Brands has announced the sale of Pizza Hut, splitting the business between Yum China and LongRange Capital, highlighting the challenges facing the global chain.
This story is using an image pulled from the original reporting.
Story change
A later update changed part of this story.
Before: Yum Brands has announced the sale of Pizza Hut, splitting the business between Yum China and LongRange Capital, highlighting the challenges facing the global chain.
Why it changed: New information came in after the story first went live, so the earlier wording is no longer the best short read.
Now: <strong>[UPDATE 3:41 PM ET]</strong> <strong>Test Auto-Publish Feed:</strong> Yum Brands to sell struggling Pizza Hut chain for $2.7 billion as demand slumps Reuters
Struggling Pizza Hut restaurant chain will be sold for $2.7 billion ABC News - Breaking News, Latest News and Videos
The $2.7 billion breakup of Pizza H
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