Papa John's picks hedge fund Starboard over founder for investment

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Papa John's International Inc unveiled an investment of up to $250 million ...

 

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After Failing To Secure Buyout, Papa John’s Announces $200 Million Investment From Hedge Fund Starboard ValueJohn Schnatter, the company's embattled founder, voted against the transaction.
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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
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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.
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Papa John's rejects investment offer by founder John SchnatterPapa John's International Inc's founder John Schnatter said on Monday ... It’s personal 🤣🤣🤣 how you get thrown out yo own shit 💙
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