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Top restaurantdive.com News

Yum Brands to review strategic options for Pizza Hut, opening the door to a sale — REUTERS / ixx511

Pizza Hut · United States

Yum Brands to review strategic options for Pizza Hut, opening the door to a sale

70% Center coverage: 100 sources

Starbucks to sell control of China business to Boyu Capital in $4 billion deal — REUTERS / pwu404

China Economy · China

Starbucks to sell control of China business to Boyu Capital in $4 billion deal

54% Center coverage: 89 sources

Denny’s Is Being Taken Private and Pizza Hut May Be for Sale | News Channel 3-12

Americas · United States

Denny’s Is Being Taken Private and Pizza Hut May Be for Sale | News Channel 3-12

60% Center coverage: 15 sources

By Jordan Valinsky, CNN New York (CNN) — Denny’s, the struggling, 72-year-old diner chain, is selling itself to a group of investors who are taking the business private. The company announced Monday that it’s sold itself to TriArtisan Capital Advisors, a private equity firm that also owns P.F. Chang’s, and Yadav Enterprises, a major Denny’s franchisee, in a $322 million deal (excluding its substantial debt load). Denny’s board approved the deal.…See the Story

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