Yum Brands Enters Fast-Casual Category With Purchase of The Habit Burger Grill

The parent company of KFC acquired the chain for $375 million

Yum Brands is adding burgers to its menu with an agreement to acquire the operator of fast-casual restaurant chain The Habit Burger Grill for $14 per share or $375 million in cash, according to an announcement by the two companies on Monday.

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