McD's Wants to Be 'Better, Not Just Bigger'

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NEW YORK Jim Skinner, the CEO of McDonald’s, said the company is not planning to undergo “large scale restructuring,” a response to “recent speculation,” in a letter released to the public Monday afternoon.

“We have no intention to undertake a large scale restructuring either through a McOpCo spin-off or a Real Estate Investment Trust (REIT),” wrote Skinner. “Neither would be in the best interests of our system or our shareholders. We will deliver value to our system and our shareholders by succeeding at being better, not just bigger.”

According



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