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Benzinga

Business

Chris Katje

McDonald's Selling Russian Business: Will Anyone Buy Restaurants When They Could Steal The Brand For Free?

McDonald MCD Russia United States NYSE Josh Gerben

McDonald’s Corp (NYSE:MCD) announced Monday its intention to sell its Russian restaurants. This comes as the company faces the potential of losing its trademarks in the region, which could harm the sale of the business.

What Happened: McDonald's will sell its Russian business due to the continuing international crisis happening between Russia and Ukraine.

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