Pizza Hut closed hundreds of stores last year: See where restaurants shuttered as new ownership takes effect

Why it matters

Pizza Hut store closures and ownership change represent routine corporate restructuring with limited direct impact on credit markets or systemic financial conditions.

Sources

• Fast Company

  Pizza Hut closed hundreds of stores last year: See where restaurants shuttered as new ownership takes effect

  In June, fast-food restaurant giant Yum Brands announced it would sell Pizza Hut to private equity firm LongRange Capital. Yesterday, LongRange Capital announced it had completed its acquisition. The pizza chain has seen significant changes to its physical store footprint in…