Yum Brands acquiring Habit Burger Grill for $375 million
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By Staff Report Tuesday, January 7th, 2020
Yum Brands announced a $375 million deal Jan. 6 to buy Habit Burger Grill. The Irvine-based Habit, which has about 300 locations in the U.S. and China, was founded in Santa Barbara in 1969. Yum Brands, which will pay $14 per share in cash for Habit, already owns Taco Bell, Pizza Hut and KFC. Habit…