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Trian Fund Management Pulls Out Of Deal W/ Papa John

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According to Business Insider, "Papa John's was plunging Tuesday afternoon following a report suggesting the private-equity firm Trian Fund Management is no longer interested in a deal." Their shares fell more than 12%. This was a result of Trian pulling out of the bid for the pizza chain, and that no other bidders were interested in buying the entire company. This isn't good news for the fast food pizza chain. The company's executives are now organizing their next plan of action.

Added on the 27/11/2018 15:43:58 - Copyright : Wochit

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