Yum! Brands Sells A&W and Long John Silver’s Restaurants

September 27, 2011 // 11:00 am // By: Patrick Khensovan

Yum! Brands Inc. has agreed to sell its A&W and Long John Silver’s Restaurants to two different companies in efforts to put their focus on their other brands. Known to most as the company behind KFC, Pizza Hut, and Taco Bell, Yum!’s chief executive, David C. Novak states that the two restaurants “no longer fit our long-term growth strategy.” Although the prices behind the sales have not been disclosed, we do know that A&J has been acquired by A Great American Brand, and Long John Silver’s will be going to LJS Partners LLC.

THX: DealBook

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Patrick Khensovan is a full-time Computer Science student who loves experimenting with wild recipe ideas and dreams of eventually opening a specialty Japanese curry restaurant. He loves terrible, punny jokes and can draw just about anything into Darth Vader. Don't believe it? He might have to use... force... to convince you.

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Anonymous

“A&J” – Oooops! I hope they can get “A&W” back to the way the used to be, the first thing to focus on is a quality patty, NONE of the fast food joints have a decent patty any more, they all taste rotten to me.
Anonymous

“A&J” – Oooops! I hope they can get “A&W” back to the way the used to be, the first thing to focus on is a quality patty, NONE of the fast food joints have a decent patty any more, they all taste rotten to me.