Restaurant Finance Watch: Activists take 'significant stake' in Yum

Restaurant Finance Watch: Activists take 'significant stake' in Yum

NRN editor and restaurant finance expert Jonathan Maze breaks down what you should be watching in the industry this week. Connect with him on the latest finance trends and news at @jonathanmaze and [email protected] RELATED: • Yum: 2014 earnings 'disappointing' • Yum expects China sales to accelerate in 2015 • More restaurant finance news

Two investors known for their activism have taken positions in Yum! Brands Inc., which could put pressure on the quick-service operator to make changes to improve shareholder value.

Third Point LLC, founded in 1995 by the investor Daniel Loeb, revealed a “significant stake” in Yum in a letter to investors Friday. Loeb is known as an activist, but has been friendlier to target companies of late,

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.