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Tuesday, 10/27/2015 1:32:53 AM

Tuesday, October 27, 2015 1:32:53 AM

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Yum Brands to divide itself into two companies

Oct 20 2015, 07:09 ET | By: Clark Schultz, SA News Editor

Yum Brands (NYSE:YUM) announces it will separate into two new companies.

The separation will create Yum China and Yum Brands. Yum China will operate under a franchisee agreement in China, while Yum Brands will be largely a pure-play franchisor.

YUM +4.56% premarket to $74.98.


http://seekingalpha.com/news/2839096-yum-brands-to-divide-itself-into-two-companies?uprof=45#email_link

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