this post was submitted on 26 Apr 2024
499 points (94.0% liked)

memes

8761 readers
3517 users here now

Community rules

1. Be civilNo trolling, bigotry or other insulting / annoying behaviour

2. No politicsThis is non-politics community. For political memes please go to !politicalmemes@lemmy.world

3. No recent repostsCheck for reposts when posting a meme, you can only repost after 1 month

4. No botsNo bots without the express approval of the mods or the admins

5. No Spam/AdsNo advertisements or spam. This is an instance rule and the only way to live.

Sister communities

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] MacAttak8@lemmy.world 2 points 2 months ago* (last edited 2 months ago) (1 children)

Who is the parent organization of Yum! Brands? That would be PepsiCo

Spun off in ‘97 I guess but that’s not really the same as selling from my understanding

Edit: they are legally distinct entities that answer to largely the same shareholders after some research

[–] ArcaneSlime@lemmy.dbzer0.com 0 points 2 months ago

Actually, correct me if I'm wrong but I don't think PepsiCo owns Yum!, at least not in the same way Yum! owns the aforementioned subsidiaries.

In any case, I still see it as unlikely that Taco Bell will become the owner of everything, doubly so if it is owned by "Yum! which is owned by PepsiCo" rather than just "owned by Yum!" as that is just another layer down for Taco Bell they'd have to climb out of, just to be owned by themselves, before they can start buying companies to own.