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NPC International, Pizza Hut's largest franchisee with 1,227 units, will seek a buyer for part or all of its Pizza Hut business, according to bankruptcy court filings. The company obtained permission from Pizza Hut parent Yum Brands to shutter as many as 300 underperforming restaurants, most of them dine-in units that haven't been able to fulfill current demand for takeout and delivery.

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