Papa John"s founder welcomes hedge fund Starboard, Reuters reports

Papa John's International Inc founder John Schnatter welcomes hedge fund Starboard Value LP's investment in the pizza restaurant chain, his lawyer said, even as he filed an updated lawsuit on Monday against the company......»»

Hedge fund Starboard Value LP has taken a $200 million stake in Papa John's International Inc after the No. 3 U.S. pizza chain rejected a similar offer from the company's founder, John Schnatter, according to the company and a regulatory filing......»»

Papa John’s Strikes Deal with Starboard in Hopes of Ending Feud with Founder, But Schnatter Says He Had Rival Plan (CNBC) Embattled pizz.....»»

By Svea Herbst-Bayliss, Uday Sampath Kumar and Harry Brumpton.....»»

Trian Fund Management, an activist hedge fund, is evaluating a takeover bid for Papa John’s,one of several parties to express interest since the pizza chain put itself up for sale amid an acrimonious fight with its founder......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Starboard Value LP will make a $200 million investment in Papa John's International Inc and the activist hedge fund's chief executive officer will become the chairman of the troubled pizza chain, the company said on Monday......»»

The hedge fund has a history in both restaurants and in health care. It isn’t clear what Starboard CEO Jeff Smith plans this time, but investors should take note......»»

Daily Briefing: Making Sense of Yesterday's Sell-Off -- What's Next? Real Vision managing editor Ed Harrison welcomes Tommy Thornton, founder of Hedge Fund Telemetry, to contextualize yesterday’s sell-off and whether .....»»

Box stock surged as much as 10% on Monday after reports said the company may be open to a sale amid pressure from the hedge fund Starboard. Aaron Levie, the CEO of Box. Steve Jennings/Getty Images Box stock surged as much as 10% on Monday befo.....»»

Devon Dalio died after his car crashed into a Verizon store, local news reported. The cause of the crash is still under investigation. Ray Dalio, founder of Bridgewater Associates Brian Snyder/Reuters Ray Dalio announced on Twitter that his 4.....»»

Thomson Reuters Michael Novogratz, former head of Fortress Investment Group and founder of cryptocurrency bank Galaxy Digital, said on Tuesday that there's a "global money-printing orgy going on" and people should buy assets like gold and.....»»

Thomson Reuters Hedge fund founder Bill Ackman is "beginning .....»»

Chanos Says He is Still ‘Maximum Short’ Tesla Even with Drop in Last Month (CNBC) Founder of hedge fund Kynikos Associates and well-known short.....»»

REUTERS/Danny Moloshok Pap.....»»

Elliott Ranks as Busiest Activist Hedge Fund in Third Quarter, Again (Reuters) BOSTON (Reuters) – Elliott Management, Paul Singer’s .....»»

Ray Dalio, the founder of the world’s largest hedge fund, say reports of the U.S. limiting capital flows to China may just be the start......»»

Elliott Management Calls for AT&T Shake-up as Trump Piles On (Reuters) (Reuters) – Activist investor Elliott Management Corp o.....»»

Hedge fund Hoplite Capital is returning money to outside clients after a period of sluggish returns, the firm's founder, John Lykouretzos, told investors in a letter on Wednesday......»»

Hedge fund Hoplite Capital is returning money to outside clients after a period of sluggish returns, the firm's founder, John Lykouretzos, told investors in a letter on Wednesday......»»