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FAT Brands Honors Military with Free Meals for Veterans Day
Globenewswire· 2025-11-05 22:00
Veterans and Active-Duty Military to Receive Complimentary Wings, Pasta, Burgers, and More LOS ANGELES, Nov. 05, 2025 (GLOBE NEWSWIRE) -- FAT Brands Inc., FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fazoli’s, Round Table Pizza and 16 other restaurant concepts, is showing its thanks for veterans and active duty military with free meals and other offers across five of its restaurant chains: Buffalo’s Cafe, Fazoli’s, Hurricane Grill & Wings, Native Grill & Wings, and Round Table Pizza. Buffal ...
Apollo retracts takeover proposal for Papa John’s
Yahoo Finance· 2025-11-05 20:11
Global alternative asset management firm Apollo Global has withdrawn its proposal to take Papa John’s private at $64 per share, Reuters reported, citing sources. According to those sources, the company abandoned the bid around the end of October 2025, amid signs of weakening consumer spending and early strains in the quick-service restaurant (QSR) sector. The sources spoke on condition of anonymity because the discussions were private. Requests for comment to Apollo and Papa John’s were not immediately ...
Yum! Brands launches strategic review of Pizza Hut as Q3 profit rises
Yahoo Finance· 2025-11-05 18:20
Yum! Brands has initiated a formal strategic review of its Pizza Hut business alongside reporting third quarter (Q3) results. The owner of KFC, Taco Bell, Pizza Hut and Habit Burger Grill said it has appointed Goldman Sachs and Barclays as financial advisers to evaluate options for Pizza Hut. Chris Turner, CEO of Yum! Brands, said: “The Pizza Hut team has been working hard to address business and category challenges; however, Pizza Hut’s performance indicates the need to take additional action to help th ...
Papa John's sinks nearly 20% on report Apollo withdrew its offer to take chain private
CNBC· 2025-11-05 03:29
Shares of Papa John's sank nearly 20% on Tuesday following a report that Apollo Global has withdrawn its offer to take the pizza chain private.Reuters reported that the private equity firm backtracked on its bid, valued at $64 a share, about a week ago. The firm previously submitted an offer for Papa John's alongside Irth Capital Management, according to Reuters.Apollo and Papa John's did not immediately respond to requests for comment.Papa John's is preparing to release its third-quarter earnings report on ...
Exclusive: Apollo withdraws bid to take pizza chain Papa John's private at $64 a share, sources say
Reuters· 2025-11-05 02:43
Apollo Global has withdrawn its offer to take pizza chain Papa John's private at $64 a share, according to two people familiar with the deal, as Wall Street waits to see what is expected to be a tough... ...
Yum! Brands Explores Sale of Pizza Hut. The Stock Rises.
Barrons· 2025-11-05 00:15
Pizza Hut sales are down in the U.S., where it faces rising costs and competition among fast-food pizza businesses. ...
Is Yum Brands preparing to sell Pizza Hut? Here's what we know
Invezz· 2025-11-04 22:08
Yum Brands, the owner of Taco Bell and KFC, said Tuesday it has begun a strategic review of its Pizza Hut business, signalling that the company could sell all or parts of the pizza chain as it struggl... ...
Yum Brands begins strategic review for struggling Pizza Hut chain
Reuters· 2025-11-04 19:53
Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain as the unit struggles to keep pace in a highly competitive fast-food industry vying for sales from a stressed cons... ...
Yum Brands Explores Sale of Pizza Hut
WSJ· 2025-11-04 19:51
The pizza chain has nearly 20,000 locations worldwide and reported declining same-store sales for several quarters. ...
Yum Brands to review strategic options for Pizza Hut, opening the door to a sale
CNBC· 2025-11-04 19:50
Yum Brands on Tuesday announced that it will explore strategic options for Pizza Hut."The Pizza Hut team has been working hard to address business and category challenges; however, Pizza Hut's performance indicates the need to take additional action to help the brand realize its full value, which may be better executed outside of Yum! Brands," Yum CEO Chris Turner said in a statement.The company has not set a deadline or definitive timetable for the review process. While Yum did not specify what the review' ...