Yum! Brands sells struggling Pizza Hut in $2.7 billion deal
The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
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The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
Two Pizza Hut franchise operators with hundreds of stores across California will lay off all delivery drivers in February, according to a report by Business Insider. That's more than 1,200 jobs.