<SUBMISSION>
<ACCESSION-NUMBER>0001041061-02-000004
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20020312
<ITEMS>2
<FILING-DATE>20020314
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>TRICON GLOBAL RESTAURANTS INC
<CIK>0001041061
<ASSIGNED-SIC>5812
<IRS-NUMBER>133951308
<STATE-OF-INCORPORATION>NC
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-13163
<FILM-NUMBER>02575098
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1441 GARDINER LANE
<CITY>LOUISVILLE
<STATE>KY
<ZIP>40213
<PHONE>5028748300
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1900 COLONEL SANDERS LANE
<CITY>LOUISVILLE
<STATE>KY
<ZIP>40213
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>GREAT AMERICAN RESTAURANT CO
<DATE-CHANGED>19970618
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>acquisition.htm
<DESCRIPTION>FORM 8K - PRESS RELEASE 3-12-02
<TEXT>
<HTML>
<HEAD>
<TITLE>Form 8K Acquisition and Name Change</TITLE>
</HEAD>
<BODY>

<HR SIZE=5 NOSHADE>

<p ALIGN=CENTER><b><FONT SIZE=4>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</font></b><BR>
<font size=3>Washington, D.C. 20549</font><BR><BR>
<font size=4><b>FORM 8-K</b><BR><BR>
CURRENT REPORT</FONT><BR><BR>
<font size=3><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act
 of 1934<BR><BR>
Date of Report (Date of earliest event reported)</b><BR>
<b>March 12, 2002</b><BR><BR>
<b>Commission file number 1-13163</b></font><BR></p>

<HR SIZE=1 WIDTH=15% ALIGN=CENTER NOSHADE>

<p align=center><b><FONT SIZE=4>TRICON GLOBAL RESTAURANTS, INC.</font></b><BR>
<font size=3>(Exact name of registrant as specified in its charter)</font><BR>
<BR>

<TABLE>
<TR VALIGN="BOTTOM">
     <TD align=center width=35%>North Carolina</Td>
<td width=40%>&nbsp;</td>
     <Td  align=center width=25%>13-3951308</Td></TR>
<TR VALIGN="TOP">
     <TD align=center ><HR Size=1 noshade width=85%></TD>
<td>&nbsp;</td>
     <TD align=center ><HR Size=1 noshade width=70%></TD></TR>
<TR VALIGN="TOP">
     <TD align=center >(State or other jurisdiction of </TD>
<td>&nbsp;</td>
     <TD align=center >(IRS Employer</TD></TR>
<TR VALIGN="TOP">
     <TD align=center >of incorporation or organization)</TD>
<td>&nbsp;</td>
     <TD align=center > Identification No.)</TD></TR>
</TABLE><BR><BR>

<p align=center>1441 Gardiner Lane, Louisville, Kentucky&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40213<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Address of principal executive offices)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Zip Code)</p>

<BR>

<p align=center>Registrant's telephone number, including area code:&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;(502) 874-8300</p>

<BR>

<p align=center>Former name or former address, if changed since last report:
&nbsp;&nbsp;N/A</P>

<BR><BR>

<HR SIZE=5 NOSHADE>

<BR><BR>


<p>Item 5.&nbsp;<U>OTHER EVENTS</U></p>

<blockquote>On March 12, 2002, Tricon Global Restaurants, Inc. issued a press release announcing it has signed a definitive
agreement to acquire Long John Silver's and A&amp;W All American Food Restaurants, owned by Yorkshire Global
Restaurants (YGR).  Also, the Company will change its name from Tricon to YUM! Brands, Inc.  A copy of such press
release is attached hereto as Exhibit 99 and incorporated herein by reference.</blockquote>

<p>Item 7.&nbsp;<U>FINANCIAL STATEMENTS AND EXHIBITS</U></p>
<blockquote>(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibits<BR><BR>

99&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Press release dated March 12, 2002 from Tricon Global Restaurants, Inc.</blockquote>

<BR><BR><BR>
<HR SIZE=1 NOSHADE>
<BR><BR><BR>

<p ALIGN=CENTER><FONT SIZE=3>SIGNATURE</FONT></p>

<p align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the  requirements of the
Securities  Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned hereunto duly authorized.</p>

<BR><BR>


<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
     <TD WIDTH=50%>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD><P ALIGN=LEFT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>TRICON GLOBAL RESTAURANTS, INC</u>. <BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Registrant)</P></TD>
</TR>
</TABLE>
<BR>



<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=50%><p align=left>Date:&nbsp;&nbsp;&nbsp;March 14, 2002</TD>
<TD><P ALIGN=LEFT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>/s/&nbsp;&nbsp;&nbsp;Matthew M. Preston&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></P></TD>
</TR>
</TABLE>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
     <TD WIDTH=50%>&nbsp;</TD>
     <TD><P ALIGN=LEFT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vice President and Associate General Counsel</P></TD>
</TR>
</TABLE>
<BR>

<BR><BR><BR>
<HR SIZE=1 NOSHADE>
<BR><BR><BR>



<P><B>TRICON GLOBAL RESTAURANTS TO ACQUIRE LONG JOHN SILVER'S AND A&amp;W ALL-AMERICAN FOOD RESTAURANTS TO DRIVE MULTIBRANDING LEADERSHIP</B></P>

<P><B>COMPANY WILL CHANGE NAME FROM TRICON TO YUM! BRANDS, INC.</b></P>

<P><B>Company expects First quarter Ongoing Operating EPS at high end of previously  disclosed range of $0.74 - $0.78;  Reconfirms  Full-Year
Ongoing Operating EPS Forecast of $3.56 to $3.63</b></P>


<P><B>LOUISVILLE, KENTUCKY (March 12, 2002)</b> - Tricon Global Restaurants today announced it has signed a definitive agreement to acquire
Long John Silver's and A&amp;W All American Food Restaurants, owned by Yorkshire Global Restaurants (YGR), for $320 million in cash. The
acquisition is subject to regulatory approval and other customary closing conditions.</P>

<P>"One of our major strategies is to drive global growth by leading the way in multibranding innovation - offering the consumer two
brands and more choice in one restaurant. We have tested and proven the unique power of offering the seafood category's leading quick
service brand, Long John Silver's, and the heritage of A&amp;W's all-American hamburgers, hot dogs and legendary root beer floats to our
existing KFCs and Taco Bells. Customers simply love the choice and convenience these combination restaurants offer. Our acquisition
was based on proven test results that drove significant increases in average unit volumes and profits. We are confident multibranding
is a key enabler for accelerating the renewal of our existing asset base and adding new units with excellent returns for our
shareholders. We also expect a very successful integration given we have been working together for over two years, know the
operations and will retain the top management and their core teams," said David C. Novak, Tricon Chairman and CEO.</P>

<P>Tricon is already the worldwide leader in multibranding, with 1,500 such restaurants generating $1.5 billion in annual system sales
from KFC, Taco Bell and Pizza Hut combinations. In 2000, Tricon entered into a license agreement with Yorkshire to test multibranding
options. Since then, the two companies have opened 83 KFC/A&amp;Ws, six KFC/Long John Silver's and three Taco Bell/Long John Silver's.
Results are extremely positive, with returns well above Tricon's cost of capital.</P>

<BR><BR>
<HR SIZE=1 NOSHADE>
<BR><BR>


<P>"One of the most positive aspects of the acquisition is we have strengthened our management team. Sid Feltenstein, the entrepreneur
who saw the latent power of the A&amp;W and Long John Silver's brands, and has led significant sales and profit increases, will continue
to serve as the chief executive of both brands. Sid was named Entrepreneur of the Year in 2001 for the outstanding job he has done
driving both Long John Silver's and A&amp;W's base businesses. Both Sid and I are passionate about the stand-alone power of each of our
individual brands, and see a huge opportunity to transform the quick-service industry with multibranding innovation," Novak added.</P>

<P>Feltenstein commented, "By joining forces with Tricon, we believe Long John Silver's and A&amp;W will become true national brands much
more rapidly than if we remained a stand-alone company. We will also be able to capitalize on Tricon's strengths that we do not have
now, and as a practical matter, could not dream of having for years to come, including human resource programs, purchasing power and
far greater marketing and product development resources. This is a perfect win-win partnership for our systems."</P>


<P>Additionally,  Tricon  announced  it  expects  its  first  quarter  on-going  operating  EPS will be at the high end of the  previously
disclosed range of $0.74 - $0.78. The Company also reconfirmed its full year 2002 ongoing  operating  earnings  forecast of $3.56-$3.63
per share.  Dave Deno,  Tricon's Chief  Financial  Officer  commented,  "Due to the strength of Tricon's base  business,  the estimated
dilutive  impact of the  acquisition  of two cents per share in 2002 will be offset.  We are  pleased  with the terms of our deal.  The
price we paid reflects the solid base business of Long John Silver's and A&amp;W, modest cost  synergies,  and it does not factor in any of
the multibranding upside we expect to achieve." </P>


<P><b><U>NAME CHANGE</u></B></P>

<P>Tricon also announced it will change its corporate name to <B>Yum! Brands, Inc.</b> Novak stated, "Yum! Brands better reflects our expanding
portfolio of brands and the unique fun and recognition culture we are driving. It also represents our ticker symbol on the New York
Stock Exchange, and reinforces our Customer Mania passion to put a 'Yum' on our customers faces all around the world." The name
change is subject to approval of the Company's shareholders, which is expected at its annual shareholders meeting on May 16, 2002.</P>

<P>Tricon Global Restaurants, Inc. (NYSE: YUM), based in Louisville, Kentucky, is the world's largest restaurant company in terms of
system units with over 30,000 restaurants in over 100 countries and territories. The company's brands - KFC, Pizza Hut and Taco Bell
- are the global leaders of the chicken, pizza and Mexican-style restaurant categories, respectively. Total worldwide system sales for
the brands were over $22 billion in 2001.</P>

<P>Based in Lexington, Kentucky, privately held Yorkshire Global Restaurants was created in 1999 following the merger of Long John
Silver's and A&amp;W All American Food Restaurants. The</P>

<BR><BR>
<HR SIZE=1 NOSHADE>
<BR><BR>

<P>company ended 2001 with nearly $1.1 billion in system sales from 1,225 Long John Silver's (1,200 U.S./25 international) and 970 A&amp;W
(780 U.S./190 international) restaurants, including 121 multibranded Long John Silver's/A&amp;W restaurants. Founded in 1969, Long John
Silver's is the largest quick-service seafood chain worldwide, with $812 million in system sales. Its name was inspired by Robert
Louis Stevenson's classic <i>Treasure Island</i> novel. Today, Long John Silver's serves a variety of signature batter-dipped fish, chicken
and seafood. A&amp;W began its heritage in 1919. Its signature frosty mug root beer floats, all-American pure-beef hamburgers and hot
dogs have been a favorite for generations of consumers. A&amp;W generates $285 million in system sales.</P>

<p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include those identified by such words as <i>may,
will, expect, anticipate, believe, plan</i> and other similar terminology. These "forward-looking" statements reflect management's
current expectations regarding future events and operating and financial performance and are based on currently available data.
However, actual results are subject to future events and uncertainties, which could cause actual results to differ from those
projected in this announcement. Factors that can cause actual results to differ materially include: changes in global and local
business, economic and political conditions in the countries and territories where Tricon operates; changes in currency exchange and
interest rates; changes in commodity, labor and other operating costs; changes in competition in the food industry, consumer
preferences, spending patterns and demographic trends; the effectiveness of our operating initiatives and advertising and promotional
efforts; new-product and concept development by Tricon and other food-industry competitors; the success of our refranchising
strategy; the ongoing business viability of our franchise and license operators; our ability to secure alternative distribution to
our restaurants at competitive rates and to ensure adequate supplies of restaurant products and equipment in our stores; our
actuarially determined casualty loss estimates; changes in legislation and governmental regulation; and changes in accounting
policies and practices. Further information about factors that could affect Tricon's financial and other results are included in the
company's Forms 10-Q and 10-K, filed with the Securities and Exchange Commission.</p>

<BR><BR>
<HR SIZE=1 NOSHADE>
<BR><BR>



<p><b><u>INVESTOR CONFERENCE CALL - TUESDAY, MARCH 12</u></B></P>

<p>Tuesday,  March 12,  Tricon  executives  will host a conference  call for  investors  and analysts at 10:00 a.m.  EST, to discuss these
announcements.  This call will be open to the  public.  Members of the media can listen in only and are invited to  participate  in the
media  conference call where they can ask questions.  Additional  information is included below about the media  conference call, which
immediately follows this investor call.</p>

<p>Please observe the following call-in procedure for the Investor Conference Call:</p>

<UL><LI>Call in as early as 9:40 a.m. EST.<BR>
<li>Callers in the U.S.A. and Canada dial <b>877/815-2029.</B><BR>
<li>International callers dial <b>706/645-9271.</B><BR>
<li>Tell the operator your name and that you want to participate in the Tricon Investor Conference Call, led by Tim Jerzyk.<BR>
<li>Identify yourself and your company to the operator, who will then connect you to the conference call.<BR>
<li>Q&amp;A will follow remarks by Tricon executives, and the call will end at 11:00 a.m. EST.<BR>
<li>You may also access the call (listen mode) by going to  <B>www.triconglobal.com</B>  and selecting  "Tricon Investor  Conference Call
Web  Cast."  (<I>Note:</I>  To access  the Web cast,  Windows  Media  Player is  required,  which can be  downloaded  free from a link
appearing on the Web site. The process takes at least 10 minutes.)</UL>

<p>Analysts/shareholders should direct their questions concerning our earnings to</P>

<TABLE WIDTH=90%>
<TR VALIGN=TOP>
<TD WIDTH=45%></TD>
<TD ALIGN=LEFT WIDTH=45%></TD>
</TR>

<TR VALIGN=TOP>
<TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tim Jerzyk, V.P. Investor Relations</TD>
<TD>502/874-2543</TD>
</TR>

<TR VALIGN=TOP>
<TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scott Colosi, Director Investor Relations</TD>
<TD>502/874-8918</TD>
</TR>
</TABLE>


<p>This call will be recorded and available for playback by dialing <b>800/642-1687</B> in the U.S.A. and Canada or <b>706/645-9291</b>
internationally. The access code is <b>3392240.</B> The playback will run continually from Tuesday, March 12, starting at approximately 1:00
p.m. EST through Thursday, March 21, ending at midnight EST. You can also listen to a replay of the call by accessing our Web site,
<B>www.triconglobal.com,</b> and selecting "Tricon Investor Conference Call Web Cast."</p>


<p><b><u>MEDIA CONFERENCE CALL FOR PRESS - TUESDAY, MARCH 12</u></b></p>

<p>Tricon  executives  will host a conference call for members of the media at 11:00 a.m. EST, to discuss these  announcements.  Questions
from the media will be accepted during the call.</p>

<p>Please observe the following call-in procedure:</p>
<UL><li>Call in as early as 10:40 a.m. EST.<BR>
<li>Callers in the U.S.A. and Canada dial <b>877/806-2091.</B><BR>
<li>International callers dial <b>706/634-5922.</B><BR>
<li>Tell the operator your name and that you want to participate in the Tricon Press<BR>
<BR><BR>
<HR SIZE=1 NOSHADE><BR><BR>
Conference Call for the Media, led by Jonathan Blum.<BR>
<li>Identify yourself and your company to the operator, who will then connect you to the conference call.
<li>Q&amp;A will follow remarks by Tricon executives, and the call will end at 12:00 noon EST.<BR>
<li>You may also access the call (listen mode) by going to  <b>www.triconglobal.com</B>  and selecting "Tricon Conference Call Web Cast."
        (<i>Note:</i>  To access the Web cast,  Windows Media Player is required,  which can be downloaded  free from a link  appearing on the
        Web site. The process takes at least 10 minutes.)</UL>

<p>Members of the press should direct their questions to:</P>

<TABLE WIDTH=90%>
<TR VALIGN=TOP>
<TD WIDTH=45%></TD>
<TD ALIGN=LEFT WIDTH=45%></TD>
</TR>

<tr valign=top>
<td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amy Sherwood, V.P. Public Relations</td>
<td>502/874-8200</td>
</tr>
</table>

<P>This call will be recorded and available for playback by dialing <B>800/642-1687</b> in the U.S.A. and Canada or <B>706/645-9291</B>
internationally. The access code is <B>3510767.</b> The playback will run continually from Tuesday, March 12, starting at approximately 2:00
p.m. EST through Thursday, March 21, ending at midnight EST. You can also listen to a replay of the call by accessing our Web site,
<B>www.triconglobal.com,</B> and selecting "Tricon Media Conference Call Web Cast."</p>

<P><B><U>INVESTOR/ANALYST MEETING - THURSDAY, MARCH 14</U></B></P>

<P>Thursday, March 14, at 9:00 a.m. EST, Tricon will host an investor/analyst meeting at the Four Seasons Hotel, Cosmopolitan Room, 57 E
57th Street, New York City, New York, 10022. The meeting will be Web cast, and it can be accessed through Tricon's Web site:
www.triconglobal.com.</P>

<P>At this meeting, David Novak, chairman and CEO, and Dave Deno, CFO, will review Tricon's strategic objectives and details of this
acquisition. Additionally, Sid Feltenstein, of Yorkshire Global Restaurants, will join Messrs. Novak and Deno for questions after the
presentations. Presentations can be viewed on Tricon's Web site, <U>www.triconglobal.com</u>, at 11:00 a.m. EST, Thursday, March 14.</P>

<BR><BR><BR><BR><BR>




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</SUBMISSION>
