Pizza Hut Has Not Declared Bankruptcy

A claim doing rounds since the beginning of July 2020 on social media platforms says that the well-known American restaurant chain Pizza Hut has declared bankruptcy due to the current Coronavirus epedimic effects.

American chain of restaurants Pizza Hut, founded in 1958, officially declares bankruptcy due to the effects of the Corona virus. pic.twitter.com/3Rhl40vmf4

— Piz (@Pizoio) July 1, 2020

Pizza Hut filed for bankruptcy , life is over

— val 🧚🏼 (@vallerriieeee) June 30, 2020

Pizza Hut just filed for bankruptcy

— Damie Hosean 🏳️‍🌈 (@KingDHosea) July 2, 2020

Some posts claimed that Wendy's restaurant chain had also filed for bankruptcy.

Pizza Hut and Wendy's expected to file for bankruptcy.

— Tim Edwards (@TimEdwardsZero4) June 30, 2020

Wendys and Pizza Hut is filing for bankruptcy this gonna hurt my heart

— RONMANGONE (@ronmangone) June 30, 2020