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Struggling Pizza Hut restaurant chain will be sold for $2.7 billion

CityNews Toronto
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The struggling Pizza Hut restaurant chain will be sold for $2.7 billion by parent company Yum Brands.

Yum Brands said in February that it was considering selling Pizza Hut and the chain looked to close 250 U.S. restaurants.

The pizza chain has struggled with outdated stores and growing competition.

Pizza Hut was founded in 1958 […] ...

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