Yum Brands Enters Fast-Casual Category With Purchase of The Habit Burger Grill

Yum Brands is adding burgers to its menu with an agreement to acquire the operator of fast-casual restaurant chain The Habit Burger Grill for $14 per share or $375 million in cash, according to an announcement by the two companies on Monday. The Habit Burger Grill is the first foray into the fast-casual category for...