Yum! to sell Long John Silver’s, A&W to franchisees

Yum! to sell Long John Silver’s, A&W to franchisees

Yum! Brands Inc. has signed definitive agreements to sell Long John Silver’s Inc. and A&W Restaurants Inc. to two separate groups of franchisees, the company said Thursday.

Terms of the deals were not disclosed.

The Louisville, Ky.-based Yum Brands, which also franchises KFC, Pizza Hut and Taco Bell, said Long John Silver’s would be sold to LJS Partners, a consortium of franchisees and other investors. A&W Restaurants will be sold to A Great Americ

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