Mega-Mergers: Largest Recent M&A Transactions
By The Online Investor Staff, updated Fri., Apr. 3, 7:25 PM
Slide #1. Yum! Brands, Inc. — The Habit Restaurants, Inc.
| Acquirer: |
Yum! Brands, Inc. (YUM) |
| Acquiree: |
The Habit Restaurants, Inc. (HABT) |
| Details: |
The Habit Restaurants, Inc. (NASDAQ: HABT) ("The Habit Burger Grill") announced today that its stockholders voted to adopt the Agreement and Plan of Merger, dated as of January 5, 2020 (the "Merger Agreement"), among Yum! Brands, Inc. ("Yum") and YEB Newco Inc., Yum's wholly-owned subsidiary, at a special meeting of The Habit Burger Grill's stockholders held earlier today. The Habit Burger Grill's stockholders also approved the proposal to approve, on an advisory (non-binding) basis, specified compensation that may be paid or become payable to The Habit Burger Grill's named executive officers that is based on or otherwise related to the Merger Agreement and the transactions contemplated by the Merger Agreement. |
Yum! Brands franchises or operates a system of quick service restaurants through its KFC, Pizza Hut and Taco Bell brands. Co.'s operating segments consist of the KFC Division, the Pizza Hut Division and the Taco Bell Division. KFC restaurants provides fried and non-fried chicken products such as sandwiches, chicken strips, chicken-on-the-bone and other chicken products marketed under a variety of names. Pizza Hut is engaged in the sale of ready-to-eat pizza products. Pizza Hut operates in the delivery, carryout and casual dining segments. Taco Bell is engaged in Mexican-style food products, including various types of tacos, burritos, quesadillas, salads, nachos and other related items.
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Yum! Brands franchises or operates a system of quick service restaurants through its KFC, Pizza Hut and Taco Bell brands. Co.'s operating segments consist of the KFC Division, the Pizza Hut Division and the Taco Bell Division. KFC restaurants provides fried and non-fried chicken products such as sandwiches, chicken strips, chicken-on-the-bone and other chicken products marketed under a variety of names. Pizza Hut is engaged in the sale of ready-to-eat pizza products. Pizza Hut operates in the delivery, carryout and casual dining segments. Taco Bell is engaged in Mexican-style food products, including various types of tacos, burritos, quesadillas, salads, nachos and other related items.
Yum Brands SEC Filing Email Alerts Service
Open the HABT Page at The Online Investor »
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