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Papa John’s Stock Surges on Fresh Buyout Rumors Amid Private Equity Interest

Papa John’s Stock Surges on Fresh Buyout Rumors Amid Private Equity Interest

Published:
2025-11-10 21:28:02
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BTCCSquare news:

Papa John’s International (PZZA) shares rallied over 12% during Monday trading following reports of a potential buyout offer from New York-based private equity firm TriArtisan Capital. The rumored $65-per-share deal comes just days after Apollo Global Management (APO) withdrew its acquisition bid at $64 per share, which had initially sent the pizza chain’s stock tumbling.

Market reactions were immediate, with PZZA briefly halted after a 13% intraday surge. Analysts at Stephens described the development as "another chapter" in the company’s ongoing M&A saga. Conflicting reports emerged regarding the deal’s validity—ABC Money cited insider sources while Seeking Alpha disputed the claims.

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