Deals
Taco Bell Owner Adds Burgers With $375 Million Habit Deal
The Habit Burger Grill
Source: The Palm Beach Post/ZUMA Wire via Alamy
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Yum! Brands Inc., the owner of Taco Bell, Pizza Hut and KFC, is adding hamburgers to its lineup with a $375 million deal to buy Habit Restaurants Inc.
Yum announced Monday an agreement to acquire Irvine, California-based Habit, which sells chargrilled burgers, ahi tuna sandwiches and milkshakes from about 300 locations, mostly company owned, in the U.S. and China.