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BUSINESS
December 16, 2003 | From Associated Press
McDonald's Corp. is getting out of the pizza business but keeping burritos, meatloaf and chicken pot pies on its plate in the U.S. market as it cuts back its non-McDonald's brands. The restaurant giant on Monday announced the sale of Donatos Pizzeria back to the chain's founder and said it was retaining its Chipotle Mexican Grill and Boston Market businesses in the United States while discontinuing development of all non-McDonald's brands abroad.
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BUSINESS
December 16, 2003 | From Associated Press
McDonald's Corp. is getting out of the pizza business but keeping burritos, meatloaf and chicken pot pies on its plate in the U.S. market as it cuts back its non-McDonald's brands. The restaurant giant on Monday announced the sale of Donatos Pizzeria back to the chain's founder and said it was retaining its Chipotle Mexican Grill and Boston Market businesses in the United States while discontinuing development of all non-McDonald's brands abroad.
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BUSINESS
May 6, 1999 | GREG HERNANDEZ, TIMES STAFF WRITER
McDonald's Corp. said Tuesday that it agreed to purchase Donatos Pizza Inc., a Midwestern chain of 143 restaurants--a move analysts viewed as an effort by McDonald's to grab a bigger bite of the dinner market. Financial terms of the deal, expected to be completed by July, were not disclosed. The pizza chain, based in Columbus, Ohio, had sales of about $120 million last year and is best known for offering pizzas that have toppings all the way to the edge of the pie.
BUSINESS
May 6, 1999 | GREG HERNANDEZ, TIMES STAFF WRITER
McDonald's Corp. said Tuesday that it agreed to purchase Donatos Pizza Inc., a Midwestern chain of 143 restaurants--a move analysts viewed as an effort by McDonald's to grab a bigger bite of the dinner market. Financial terms of the deal, expected to be completed by July, were not disclosed. The pizza chain, based in Columbus, Ohio, had sales of about $120 million last year and is best known for offering pizzas that have toppings all the way to the edge of the pie.
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