POTENTIAL DEAL DETAILS
Stock | Papa John's International, Inc. | Symbol | PZZA |
Date Announced | 09/26/2018 | Source | Reuters |
Type | News 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.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.