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Yum Brands Inc. announced a major acquisition. The Louisville-based restaurant conglomerate is purchasing The Habit Restaurants Inc. (Nasdaq: HABT) for $375 million.
The company’s existing brands include — KFC, Pizza Hut and Taco Bell. Does this really help the stock - with such a small brand in comparison to the other YUM powerhouses, this appears to be more of a management issue.
2 years ago
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