Pizza Hut Sold for $2.7B

Pizza Hut is getting a major makeover — Yum Brands is selling the iconic pizza chain for $2.7 billion to new owners LongRange, signaling a bold pivot after years of struggling sales and store closures. The deal, expected to close in Q3, comes as Yum seeks to reinvent Pizza Hut amid fierce competition and aging locations. With roots dating back to 1958 in Wichita, Kansas, this sale marks a pivotal new chapter for the brand — and fans are watching closely to see what changes the new team brings. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/346fbdc058e3c280