Wendy's and Pizza Hut are facing market challenges in Michigan, similar to those experienced by NPC International.

The entities involved

• Wendy's →

  American international fast food chain restaurant

  • Wendy's terminated its franchise agreement with Meritage Hospitality Group Inc., which operated 314 Wendy's locations.Sat 02:57
  • Shake Shack started as a cart in Madison Square Park, and Wendy's was founded by Dave Thomas in 1969.Fri 05:44
• Pizza Hut →

  American restaurant chain and international franchise

  • Pizza Hut operations were sold to a private equity firm, and Mainland China operations were sold to Yum China Holdings.Mon 04:48
  • The company sold the Mainland China operations of Pizza Hut in a separate transaction for an aggregate of $2.7 billion. Chris Turner was appointed CEO of Yum! Brands.Mon 04:17

Related events

• Wendy's reports U.S. sales results while a developer plans to open a second Chipotle location in the region.Aug 17