Yum! Brands Inc. spin-off speculation intensifies

Yum! Brands Inc. spin-off speculation intensifies

Chain appoints activist investor, who suggested spin-off of China operations, to board

Yum! Brands Inc. on Thursday appointed the activist investor Keith Meister to its board of directors, prompting further speculation that the Louisville, Ky.-based quick-service restaurant would reorganize its China operations.

Meister is the managing partner at Corvex Management, an activist investor that bought up nearly 5 percent of Yum’s stock and suggested Yum spin off its China opera

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