Comment on Papa John’s board OKs ‘poison pill’ to block founder from gaining control

Papa John’s board OKs ‘poison pill’ to block founder from gaining control

The boardroom battle at Papa John’s got a little uglier on Sunday. The pizza chain’s board, looking to further distance itself from the company’s controversial founder, voted on Sunday to adopt a poison pill to keep John Schnatter from gaining a controlling stake in the Louisville, Kent., company, according to a report.

 

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