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home / news releases / YUM - The Habit To Be Bought - Yum!


YUM - The Habit To Be Bought - Yum!

New York (January 7) - We had suggested a "buy" for The Habit Burger Grill (HABT), principally for long-term investors, back in September. Recently, it was announced that Yum Brands, Inc. (YUM) had entered into a definitive agreement to acquire HABT at $14 per share, or approximately $375 million. (So much for "long term", but what a great payout from when we recommended it at $8.80 per share!) The transaction is anticipated to close by the end of the second quarter. "Yum Brands intends to fund the transaction using cash on hand and available

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Stock Information

Company Name: Yum! Brands Inc.
Stock Symbol: YUM
Market: NYSE
Website: yum.com

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