After Failing To Secure Buyout, Papa John’s Announces $200 Million Investment From Hedge Fund Starboard Value

  • 📰 Forbes
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

John Schnatter, the company's embattled founder, voted against the transaction.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

After Failing To Secure Buyout, Papa John’s Announces $200 Million Investment From Hedge Fund Starboard ValueAfter failing to secure a buyout, Papa John’s announces a $200 million investment from hedge fund Starboard Value
Source: Forbes - 🏆 394. / 53 Read more »

Starboard CEO Smith named chairman of Papa John’s after $200 million investment in troubled chainInvestment firm Starboard Value LP is making a $200 million investment in Papa John’s International Inc., and its CEO Jeffrey Smith is becoming chairman of the troubled pizza chain.
Source: MarketWatch - 🏆 3. / 97 Read more »

Papa John's shares jump after WSJ says activist investor Starboard making $200 million investmentPapa John, Paula Deen, Megyn Kelly, and Ralph Northam all had a rich racist all white Superbowl Party Together.
Source: CNBC - 🏆 12. / 72 Read more »

Thailand's Central Group confirms $200 million investment in Grab's local unitTksThailand's Central Group, the country's largest retail conglomerate...
Source: Reuters - 🏆 2. / 97 Read more »

Papa John's seeks investment after it abandons outright sale, sources tell ReutersPapa johns sucks
Source: CNBC - 🏆 12. / 72 Read more »

Exclusive: Papa John's seeks investment after it abandons outright sale - sourcesPapa John's International Inc, the world's third-largest pizza deliver... Let it go out of business. It's nasty. 'Johns' lives up to its name.... I can't afford their pizzas, plus what they call a large is tiny. Then add the creepy politics of the founder. We just can't support that chain...
Source: Reuters - 🏆 2. / 97 Read more »