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Starboard Buys Us$200 Million Stake In Papa John's, Shares Jump 9 Percent

by channelnewsasia.com posted 1week ago 7 views
Hedge fund Starboard Value LP has taken a US$200 million stake in Papa John's International Inc after the No. 3 U.S. pizza chain rejected a similar offer from the company's founder, John Schnatter, according to the company and a regulatory filing.

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