Popeyes to take over 14 Twin Cities KFC locations
AFC Enterprises, Popeyes' Atlanta-based parent company, is planning to buy 14 KFC restaurants from a bankrupt franchisee, a major push for the fried chicken chain that has only one lone location on Lake Street in south Minneapolis. The deal is part of a $13.8 million purchase of 28 restaurants in Minnesota and California. The new locations in a handful of metro cities will be quickly converted once the bid is approved by a judge.