Yum Brands Sues GrubHub Over KFC/Taco Bell Delivery Deal

  • Date: 12-Jun-2020
  • Source: Bloomberg
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

Yum Brands Sues GrubHub Over KFC/Taco Bell Delivery Deal

Yum says GrubHub suddenly declared deal invalid in early June. Yum bought stake in GrubHub as part of Februrary 2018 deal. "Grubhub's improper efforts to rid itself of a deal it no longer wanted and to line its pockets will cause enormous harm to consumers at a time when they can least afford it," Yum said in the complaint. ". ( Updates with excerpts from lawsuit starting in second paragraph..