pizza

Pizza Hut’s strange new private equity bedfellows: 24 Hour Fitness and a ‘deathcare’ firm

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It may seem like an unlikely combination: Pizza Hut, 24 Hour Fitness and a funeral casket and urn maker. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. And yet those are the companies with which the pizza chain stalwart now finds itself under the same roof. On Tuesday, … Read more

Yum! Brands sells struggling Pizza Hut in $2.7 billion deal

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Yum! Brands said Tuesday that it is selling Pizza Hut in a $2.7 billion deal that will split ownership of the restaurant chain between a U.S. private equity firm and a Chinese restaurant company. Pizza Hut, excluding the mainland China business, will be sold to LongRange Capital for $1.5 billion, while Pizza Hut China will … Read more

A proposed additive ban could change New York’s pizza and bagels, some say for the better

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NEW YORK — After more than a decade of mixing and kneading dough in his family’s Brooklyn pizzeria, Salvatore Lo Duca recently made a distressing discovery: A key component of their thin-crust pies, bromated flour, contained a suspected carcinogen already banned in much of the world. So, in the back kitchen of Lo Duca Pizza, … Read more