McDonald's Buys Out Israel Franchise Owner Amid Tensions Hurting Business
• McDonald's will purchase all 225 of its franchise restaurants in Israel from local operator Alonyal • The purchase comes after McDonald's said the Israel-Hamas war was hurting its business • Alonyal offered discounts to Israeli soldiers and security forces after attacks in October • McDonald's has faced boycotts and a "meaningful business impact" in the Middle East due to the conflict • McDonald's CEO emphasized the company's neutrality and that restaurants are run by local owners