Papa John’s weighs $1.5 billion takeover offer from Irth Capital, stock jumps 20%
A Qatari-backed fund has made a $47-per-share offer to acquire Papa John’s and take the company private, The Wall Street Journal reported Wednesday, citing people familiar with the bid. Papa John’s, which runs 6,000 locations across roughly 50 countries, has seen its shares fall 16% over the past year, but stock prices jumped around 20%…
