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YEREVAN. – Armenian National Assembly MP Karen Karapetyan’s brother Samvel Karapetyan—also known as Samo of Kaluga—who is a well-known businessman in the Russian Federation, successfully ended his talks with the leading American McDonald’s Corporation, Chorrord Inknishkhanutyun daily reports.
“This means [Karapetyan’s] Tashir Group [company] has purchased this chain’s license, and McDonald’s will be represented in Armenia’s capital city Yerevan in the coming months,” Chorrord Inknishkhanutyun writes.
To note, the McDonald’s Corporation is the world’s largest chain of hamburger fastfood restaurants, serving around 68 million customers daily in 119 countries. Headquartered in the United States, the company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald; in 1948 they reorganized their business as a hamburger stand using production line principles. Businessman Ray Kroc joined the company as a franchise agent in 1955. He subsequently purchased the chain from the McDonald brothers and oversaw its worldwide growth.
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