Foodie Pundit

Yum Brands Just Sold Off Two Chains

SEC filings show Yum Brands dumping A&W and Long John Silver's to fund bigger moves at Taco Bell and KFC.

By Foodie Pundit Newsroom - Published - Updated - Section: Chain Watch

Taco Bell.

Key points

  • Yum Brands announced the sale of its A&W and Long John Silver's restaurant chains.
  • The sale was disclosed in a series of filings with the U.S. Securities and Exchange Commission over a single week.
  • The deal allows Yum Brands to concentrate its resources on its larger, more global brands: KFC, Pizza Hut, and Taco Bell.
  • The new, independent company that bought A&W and Long John Silver's will likely invest in revitalizing the two legacy brands.
  • The SEC filings provide a transparent look into the timeline and structure of the multi-billion-dollar corporate divestiture.

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