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Papa John's Hopeful With New Deal


Papa John's is hopeful it can bring founder John Schnatter along with the recently announced Starboard Value deal. According to Business Insider, Monday the company announced a $200 million investment from a hedge fund. Schnatter presented a competing plan to Papa John’s board on Saturday after learning about the proposal, but the company rejected it. Schnatter resigned as chairman in July 2018 after he used a racial slur on a media training conference call.

Added on the 06/02/2019 08:13:27 - Copyright : Wochit

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