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Sounds like to me that this is basically turning company owned stores in UK into FRANCHISES..... I read 2 different articles which seem a little misaligned on the facts. One says it was bought out while another says it was for a majority stake (ie: KKD still holding on to some ownership).Either way, I view this as a fantastic sign. Cash infusion to further pay down debt levels and strengthen the balance sheet. Who knows, maybe they'll even start paying a dividend next year. ;-)