Yum Brands YUM 0.85%increase; green up pointing triangle is evaluating strategic options for its Pizza Hut business, including a possible sale of all or parts of the struggling brand.
The restaurant-chain owner said Tuesday that Pizza Hut has worked hard to turn around its business, but might need more resources outside of Yum Brands to succeed. Chris Turner, who became Yum’s chief executive in October, said the strategic review will aim to better position Pizza Hut for growth.
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