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Tight credit slowing Yum refranchising
October 8, 2008
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ClaudeLouisville Courier Journal: Tighter credit markets are making it more difficult for Yum! Brands, parent of Pizza Hut, Taco Bell and KFC, to sell some of its U.S. restaurants to franchisees. Yum's goal is to reduce company ownership to below 10 percent of its nearly 18,000 overall domestic restaurants by the end of 2010.
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