The rise and fall of an American Legend: How the US fell out of love with Pizza Hut

The American fast food brand Pizza Hut is undergoing a major transition, with many locations closing its doors. Owned by Yum! Brands, the company's operations are being sold for $2.7 billion in two structured deals. The U.S. business and global locations (excluding China) are slated to be acquired by LongRange Capital for roughly $1.5 billion.