Yum! Brands completed the acquisition of The Habit Restaurants for $375m.

Yum! Brands, an American fast-food corporation, completed its acquisition of The Habit Restaurants, an American fast-casual restaurant chain that specializes in charbroiled hamburgers, for $375m. "On behalf of The Habit Burger Grill Board of Directors, this transaction represents an exciting new chapter to strengthen and significantly grow The Habit Burger Grill by leveraging Yum! Brands’ global scale, resources and franchising capabilities. We’re confident the agreement delivers immediate value to The Habit Burger Grill shareholders and will greatly benefit our beloved brand, team members, franchisees and loyal guests for many years to come," Russell Bendel, The Habit Burger Grill President and CEO. The Habit Restaurants's stockholders voted to adopt the merger agreement.