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Pizza Hut sale impacts US restaurants
Yum Brands is conducting exclusive discussions to sell the Pizza Hut chain to Long Range Capital investment firm, amid challenging economic conditions that are putting pressure on the fast-food sector in the United States. With declining demand and rising costs, Pizza Hut's sales in the American market have fallen for several consecutive quarters, creating pressure compared to other brands like Taco Bell and KFC. The deal is expected to be finalized within a few weeks, but negotiations are still in the final stages.
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