Papa John’s Rejects Papa’s Last-Ditch Effort To Seize Control Of More Pizza
Papa John’s continuing efforts to overhaul its company’s reputation after its disgraced founder and former face, John Schnatter, dragged it through a latrine have once again been complicated by the stubborn Papa himself. Over the weekend, Schnatter, who blamed NFL player protests for bad pizza sales and then said the n-word on a company conference call, launched a last-ditch effort to gain control of a significant stake in the company when he attempted to outbid an international investment firm, with whom the Papa John’s board had all but finalized an agreement, the Courrier-Journal reported...
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