Pizza Hut Sold to Two Firms for $2.7 Billion

Sold" Pizza Hut Yum China acquired Pizza Hut’s locations in mainland China. The private equity firm LongRange Capital bought its locations in the US and elsewhere. www.nytimes.com/2026/06/16/b...

Uh oh

In the next 12-18 months, expect lots of semi-mocking news articles blaming Pizza Hut's bankruptcy on an ill-conceived free pizza promotion, none of which bother to mention that the company was bought by a PE firm, saddled with debt, and stripped for parts. www.nytimes.com/2026/06/16/b...

Pizza Hut Sold to Two Firms for $2.7 Billion www.nytimes.com/2026/06/16/b...