McDonald's has no plans for corporate change

2005-11-07
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  • McDonalds Giant remains 'committed to franchising and operating restaurants' - CEO

    McDonald's Corp. CEO Jim Skinner denied any interest by the fast-food company on Monday in making a significant change to its corporate structure.

    Skinner made his comments to franchisees in a letter released by the company, responding to speculation about the possibility of a major restructuring that might involve McDonald's vast real-estate holdings.

    He said the company has no intention of taking on a large-scale restructuring either through a spinoff of the division that runs its company-owned restaurants or through a real estate investment trust.

    External Source - For the complete article click here

    Source - MSNBC


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