Struggling Pizza Hut chain to be sold for $2.7bn

Struggling Pizza Hut chain to be sold for $2.7bn 17 minutes agoShareSaveAdd as preferred on GoogleFrancisco VelasquezBusiness reporterGetty ImagesYum! Yum Brands is selling the pizza chain as it struggles with outdated stores and growing competitionThe struggling Pizza Hut restaurant chain will be sold for $2.7bn by parent company Yum Brands.Yum Brands said in February that it was considering selling Pizza Hut and the chain looked to close 250 US restaurants.