Yum Brands to sell Pizza Hut for $2.7 billion

June 16 (Reuters) – Yum Brands said on Tuesday it would sell its Pizza Hut chain for $2.7 billion, as the unit struggles with stiff competition in the fast-food market and cautious consumer spending. 

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)