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Article: NPC International, Inc. Announces Intent to Acquire 70 Pizza Hut Units From Pizza Hut, Inc.
- Article from:
- Business Wire
- Article date:
- June 9, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PITTSBURG, Kan.--(BUSINESS WIRE)--June 8, 1999--
Second acquisition in six months exhibits Company's growth prospects
Highlights:
- Acquisition expands Company's core Southeast markets
- Acquisition brings total units acquired to 169 over the last six months
Consistent with NPC International, Inc.'s (NASDAQ:NPCI) goal to continue its growth in Tricon's Pizza Hut system, the Company announced today that it had signed a letter of intent with Pizza Hut, Inc. (PHI) to acquire 70 Pizza Hut units located in and around Tallahassee, FL (22); Albany, GA (12); Huntsville, AL (16) and Lexington, KY (20). The 52 restaurants and 18 ...
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