According to Reuters, Papa John’s International (PZZA) seeking strategic alternatives

  • September 26, 2018

POTENTIAL DEAL DETAILS

StockPapa John's International, Inc.SymbolPZZA
Date Announced09/26/2018Source Reuters
TypeNews Report

Papa John’s International Inc (PZZA), the world’s third-largest pizza delivery company, has reached out to potential acquirers to ask them to submit offers, people familiar with the matter said on Wednesday.

Update(s):

October 08, 2018: Trian Fund Management LP is evaluating a takeover bid for Papa John’s International Inc. (PZZA), people familiar with the matter said.

October 31, 2018: Bain Capital and CVC Capital Partners are among the private equity firms competing to acquire Papa John’s International Inc (PZZA), the world’s third-largest pizza delivery company, people familiar with the matter said on Tuesday.

November 27, 2018: Trian Fund Management LP, which was evaluating a bid for Papa John’s International Inc. (PZZA), has decided not to pursue it, according to people familiar with the matter.

February 01, 2019: Papa John’s International Inc (PZZA), the world’s third largest pizza delivery company, is pursuing the sale of a stake in itself after acquisition offers from private equity firms did not meet its valuation expectations, people familiar with the matter said on Friday.

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