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Pizza Hut has a new owner for the first time since 1977 after Yum! Brands sells for $1.5B

Pizza Hut has a new owner for the first time since 1977 after Yum! Brands sells for $1.5B
Photo: WXYZ Channel 7 (ABC Detroit) - News · view original

Yum! Brands officially sold iconic pizza chain Pizza Hut for $1.5 billion after years of stagnant sales. The deal marks the first time Pizza Hut has had a new owner since 1977, when PepsiCo purchased the chain. In 1997, PepsiCo spun off Pizza Hut, Taco Bell and KFC into a separate company called...

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