Coalition of Franchisee Associations

March 11, 2022

Putin to Take Over American Companies?

"Of particular concern are Western companies that once symbolized post-Soviet Russia’s integration into the world economy, like McDonald’s and Ikea, that have now shuttered hundreds of stores and factories. Mr. Putin told officials in the televised meeting that the assets of such companies should be put under “external management” and then transferred “to those who want to work.”

New York Times - Putin Talks of Nationalizing Western Companies

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