Business Wire -- Yum! Brands, Inc. (NYSE: YUM) today announced that it has commenced a cash tender offer to purchase up to $150,000,000 aggregate principal amount of its 7.700% Senior Notes due July 1, 2012 (the “Notes”). The tender offer is being made pursuant to an Offer to Purchase, dated as of April 30, 2009, and the related Letter of Transmittal.
