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Starboard Chief Smith Steps In At Papa John's
Shares of Papa John's rose 12% to $43.01 before the bell. : Starboard Value LP will make a $200 million investment in Papa John's International Inc and the activist hedge fund's chief executive officer will become the chairman of the troubled pizza chain, the company said on Monday. Starboard's Jeffrey Smith will replace Papa John's founder John Schnatter, who resigned last July following reports that he had used a racial slur on a media training conference call. Full investment news article
First Quantum Is Said To Offer $700M For Zambia Mine
First Quantum Minerals has offered to buy the Zambian government’s 20% stake in Africa’s biggest copper mine for as much as $700-million, according to two people familiar with the transaction. Vancouver-based First Quantum already owns 80% of the Kan... Full investment news article
Relevent to this post: Michigan State University Office of Investments
University of Nebraska Foundation,