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Yum’s Profit Pressured by Investment in Grubhub – The Wall Street Journal

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Yum’s Profit Pressured by Investment in Grubhub – The Wall Street Journal

Yum Brands Inc.
YUM -2.98%
marked down the value of its investment in
Grubhub Inc.,
GRUB 0.68%
a move that hurt the restaurant chains third-quarter profit but doesnt reflect the recent major selloff in shares of the delivery service. The owner of the …

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