Papa Johns Receives $2 Billion Purchase Bid From Apollo Global Management - RetailWire

Papa Johns Receives $2 Billion Purchase Bid From Apollo Global Management - RetailWire

Few brands in the quick-service space generate as much boardroom drama as Papa Johns. Now the pizza chain has a fresh plot twist: Private-equity giant Apollo Global Management and Qatari-backed Irth Capital Management have lobbed a joint, all-cash offer worth roughly $2 billion—or just over $60 a share—to take the company private. News of the bid sent shares up 7.5% and re-ignited speculation that Papa Johns’ next growth act may unfold away from…

Papa Johns Receives $2 Billion Purchase Bid From Apollo Global Management – RetailWit

Few brands in the quick-service space generate as much boardroom drama as Papa Johns. Now the pizza chain has a fresh plot twist: Private-equity giant Apollo Global Management and Qatari-backed Irth Capital Management have lobbed a joint, all-cash offer worth roughly $2 billion—or just over $60 a share—to take the company private. News of the bid sent shares up 7.5% and re-ignited speculation that Papa Johns’ next growth act may unfold away from…