When did PepsiCo acquire Kentucky Fried Chicken?
KFC was acquired in October 1986 from RJR Nabisco, Inc. by PepsiCo, Inc., for approximately $840 million. There was no exchange of stock. KFC was spun off along with Pizza Hut and Taco Bell businesses as Tricon Global Restaurants, Inc. in 1997. Tricon Global Restaurants later becomes YUM! Brands, Inc.