Yum Brands to Sell A&W, Long John Silver's
Yum Brands plans to sell its Long John Silver's and A&W restaurant chains.
The company, whose other brands include Taco Bell, Pizza Hut, and KFC, announced Tuesday that it has begun looking for a buyer.
Yum says Long John Silver's and A&W All-American Food restaurants do not fit into its long-term strategy.
Instead, it is focusing its energy on expanding Taco Bell, Pizza Hut and KFC in the U.S. and international markets such as China.
Long John Silver's and A&W account for 1,630 of Yum's more than 37,000 restaurants worldwide.