Yum! Brands, Inc. to split into 2 publicly traded companies

HFA Padded
22percent
Published on
Updated on

Yum Brands Inc seems to have been stuck in neutral for quite some time now. In July 2014, the company experienced a hefty drop in sales after news broke of its Chinese restaurants using expired meats. Unfortunately for Yum Brands, the company never really recovered from the scandal and the company’s recent third quarter earnings release certainly validated that speculation. However, Yum Brands made a huge announcement this morning that they are going to spin off their Chinese assets into a separate company. Yum China will be new entity from the Yum Brands spin off On October 7th, Yum Brands…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!