August 13, 2004 |
Dueling doughnut chains have agreed to join forces. Yum Yum Donuts said Thursday that it would acquire Winchell's Donut House. City of Industry-based Yum Yum, which has 71 Southern California stores, will keep the Winchell's brand, according to Roxanne Ruben, a spokeswoman for both companies. Santa Ana-based Winchell's has almost 200 outlets in the U.S. -- primarily in California -- and several overseas. The sale is expected to close within two months. Terms weren't disclosed.