McDonald’s Corporation (NYSE:MCD) and its franchise partners have reportedly reached a deal to trim prices on a selection of popular menu bundles, according to the Wall Street Journal.
The agreement will see eight well-known combo meals discounted by 15%, with the fast-food giant also preparing to roll out limited-time $5 and $8 specials as part of its broader value push.
The pricing changes follow weeks of negotiations between McDonald’s corporate executives and franchise owners. People familiar with the talks told the Journal that the company offered financial incentives to operators willing to reduce menu prices.
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