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Yum Brands in talks to sell Pizza Hut to private equity firm: report

Yum Brands is reportedly in exclusive talks to sell Pizza Hut to private-equity firm LongRange Capital, according to a report citing a source familiar with the matter.The potential transaction would mark a significant shift for one of America's most recognizable pizza chains and underscores growing consolidation across the restaurant industry as operators navigate slowing consumer demand and higher costs.The discussions could result in a deal within several weeks, although no agreement has been reached and there is no guarantee the talks will lead to a transaction, Reuters reported Friday.PIZZ...