Private Equity Is Taking Over Pizza Hut in a $1.5 Billion Deal
Pizza Hut is getting a new owner after years of weak sales and growing questions about the future of one of America’s best-known pizza brands. Yum! Brands said Tuesday it entered into agreements to sell Pizza Hut for $2.7 billion, splitting the business between two buyers. LongRange Capital, a private equity firm, will acquire Pizza … Read more