Papa John’s founder wants chain to remove poison pill provision

over 5 years in NY Post

Papa John’s founder John Schnatter on Monday demanded that the pizza chain remove a provision that bars him from talking to other investors about the company — a policy he says will lead to a “significant loss” for shareholders. Papa John’s board adopted a “poison pill” in July to thwart takeover attempts days after Schnatter,...

Mentioned in this news
Share it on