Irth Capital Management, an investment fund backed by a member of Qatar’s royal family, has spoken with advisors about making a take-private bid for Papa Johns, according to Semafor’s Rohan Goswami, citing people familiar with the matter.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PZZA:
- Discover Which Pizza Stock Delivers Dough for Investors
- Papa John’s price target lowered to $60 from $73 at Loop Capital
- Papa John’s price target lowered to $42 from $55 at Jefferies
- Papa John’s Celebrates 6,000th Restaurant Amid Sales Challenges
- Papa John’s reports preliminary Q4 North America comparable sales down 4%