Louisville-based Yum Brands says it has found buyers for its Long John Silver’s and A&W Restaurant chains.
The company says Long John Silver’s is being bought by LJS Partners LLC, led by a group of franchisees and other investors.
And A&W is being bought by A Great American Brand LLC, which is led by one major franchisee.
The company didn’t disclose the financial terms of the deals.
Yum Brands put the chains up for sale in January, saying the move would help it focus on international business.
Yum Brands operates 38,000 restaurants globally. Taco Bell is its largest chain. The company also owns KFC and Pizza Hut.
(Information for this story also came from the Associated Press)