McDonald’s to spend $100 million to revive sales following E. coli outbreak

The news: McDonald’s will spend $100 million to help its business recover from an E. coli outbreak that sickened more than 100 people in 14 states, per Bloomberg.

  • $35 million will go toward marketing and ads to drive traffic to the fast-food chain’s stores.
  • The remaining $65 million will support franchisees in affected states via initiatives like deferrals on rent and royalties.