Pizza Hut Sold to Private Equity Firm and Other Company for $2.7 Billion (opens in new tab)

Pizza Hut, once the crown jewel of junk food for at least two generations of Americans, is being sold off by parent company Yum Brands in a $2.7 billion deal, according to the Associated Press. Pizza Hut’s global operations will now be controlled by private equity firm LongRange Capital, with its Chinese operations being acquired […] The post appeared first on <a href="