Reported about 5 hours ago
Denny's, a 72-year-old diner chain, is being taken private in a $322 million deal with TriArtisan Capital Advisors and Yadav Enterprises after struggling financially, especially since the pandemic impacted its operations. Meanwhile, Yum! Brands is considering selling Pizza Hut due to its declining sales and competitive pressures in the fast-food market.
Source: YAHOO