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Exclusive-Activist investor Irenic builds stake in Papa John’s, sources say

Summary by WTVB
By Svea Herbst-Bayliss and Abigail Summerville NEW YORK (Reuters) -Activist investor Irenic Capital Management built a stake in Papa John’s during the third quarter, sources familiar with the matter told Reuters on Friday, adding a fresh dimension to mounting speculation about the pizza chain’s future. Generally, when an activist hedge fund builds a new holding, it signals interest in forcing management to consider alternatives. But it was not i…
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WTVB broke the news in on Friday, November 14, 2025.
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