Papa John's CEO Steve Ritchie said that the company hopes that founder John Schnatter stops feuding with the pizza chain after it announced a deal with hedge fund Starboard Value.
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Starboard CEO Jeffrey Smith Becomes Chairman of Papa John’sInvestment firm Starboard Value is making a $200 million investment in Papa John’s International, and its CEO Jeffrey Smith is becoming chairman of the troubled pizza chain.
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Papa John's shares jump after WSJ says activist investor Starboard making $200 million investment
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