KFC challenges Popeye's for franchise control
KFC, the nation's leading fried-chicken chain, is challenging Popeye's plan to purchase 14 KFC restaurants in the Twin Cities. After a KFC franchisee went bankrupt, Popeye's intended to spend $13.8 million on 28 restaurants in Minnesota and California...
KFC, the nation's leading fried-chicken chain, is challenging Popeye's plan to purchase 14 KFC restaurants in the Twin Cities, the Business Journal reports.
After a KFC franchisee went bankrupt, Popeye's intended to spend $13.8 million on 28 restaurants in Minnesota and California.
According to court documents, an affiliate of Oregon-based KFC franchisee has made an offer of $16 million, according to the Star Tribune. But it's unclear how many restaurants that includes.
