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Hedge Funds

Papa John's, Evolus Rise; Gannett, Allergan Slip

by abcnews.go.com posted 1week ago 17 views
Papa John's, Evolus and Clorox rise; Gannett, Allergan slip. : The head of the investment firm Starboard Value is being named board chairman at the troubled pizza chain, while also investing $200 million. The publisher of USA Today and other newspapers is rejecting a $1.36 billion buyout from a hedge-fund backed media group with a history of taking over newspapers and slashing jobs. The company received regulatory approval for its wrinkle treatment Jeuveau, which will compete with Allergan's Botox.

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