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Yum! Brands (YUM) announced the sale of its Pizza Hut business.
Yum! Brands (NYSE:YUM) announced the sale of Pizza Hut following a strategic review of the business. Previously, management had developed a retention plan for employees during the review process, including universal retention bonuses and incentives for key leadership and operational positions. Investment management firm Sustainable Growth Advisers (SGA) stated that it will continue to monitor Yum! Brands' employee retention, employee engagement, and execution risks.
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