BusinessApril 15, 2002
Restaurant group adds seafood and root beer
The owner of Pizza Hut, Taco Bell and KFC restaurants is adding seafood and root beer floats to its corporate pantry of fast-food chains. Tricon Global Restaurants recently announced that it is buying Long John Silver's, the leader in fast-food seafood, and A&W All American Food Restaurants, which serves A&W root beer along with burgers and hot dogs, for $320 million in cash from Yorkshire Global Restaurants...
The owner of Pizza Hut, Taco Bell and KFC restaurants is adding seafood and root beer floats to its corporate pantry of fast-food chains.
Tricon Global Restaurants recently announced that it is buying Long John Silver's, the leader in fast-food seafood, and A&W All American Food Restaurants, which serves A&W root beer along with burgers and hot dogs, for $320 million in cash from Yorkshire Global Restaurants.
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Tricon also announced that it is also proposing to change its corporate name to Yum! Brands Inc., which matches its New York Stock Exchange ticker symbol YUM.
The name change will be submitted for shareholders approval at the annual meeting in May.
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