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ID: 34472
Title: McDonald's plans Latin America sale, earnings up (Reuters)
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A patron is given his change at a McDonald's restaurant in a file photo. McDonald's reported higher first-quarter earnings on Friday on strong U.S. demand for its new chicken Snack Wrap and improved performance in international markets such as China, Japan, France and Russia. (Hyungwon Kang/Reuters)Reuters - McDonald's Corp. said on Friday it will sell about 1,600 restaurants in Latin America and the Caribbean for $700 million to a franchisee organization led by the man who brought the Golden Arches to Argentina 20 years ago.
Category: Business/Company Earnings/
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Date Added: April 20, 2007 06:00:07 PM
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