Morgan's Foods, Inc.

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Founded in 1920, Morgan's Foods, through its wholly owned subsidiaries, operates Kentucky Fried Chicken restaurants, Taco Bell restaurants, Pizza Hut Express restaurants and an A&W restaurant in the states of Illinois, Missouri, Ohio, Pennsylvania, West Virginia and New York. The company operates its restaurants under franchises or licenses from KFC Corporation, Taco Bell Corporation, Pizza Hut Corporation and A&W Restaurants. Its KFC restaurants prepare and sell the KFC brand of chicken products, along with related food items. Its Taco Bell restaurants prepare and sell a menu of quick service Mexican food items. The company operates nearly 75 KFC restaurants, almost 10 Taco Bell restaurants, more than 13 KFC/Taco Bell combo locations, several Taco Bell/Pizza Hut Express combo locations, and a KFC/Pizza Hut Express and KFC/A&W combo location. Morgan s Foods maintains its corporate headquarters in Cleveland.