The Wall Street Journal: Papa John’s board OKs ‘poison pill’ to prevent founder from gaining control

Papa John’s International Inc.’s board members voted to adopt a “poison pill” on Sunday to prevent its controversial founder from gaining a controlling interest in the pizza chain, according to people familiar with the matter......»»

Papa John’s board members are planning to discuss and possibly vote Sunday on whether to adopt a “poison pill” to prevent its controversial founder from gaining control of the pizza chain......»»

Papa John’s International’s board members voted to adopt a “poison pill” on Sunday to prevent its controversial founder from gaining a controlling interest in the pizza chain......»»

Papa John’s International Inc.’s board approv.....»»

Papa John’s International Inc.’s founder says “it was a mistake” to step down as chairman. John Schnatter is questioning how the pizza company’s board investigated his use of a racial slur......»»

Papa John International Inc.'s founder John Schnatter wrote a letter to the company's board of directors that his resignation as chairman was a mistake, according to a Wall Street Journal report. Schnatter stepped down as chairman last week after.....»»

The pizza chain said its board of directors approved the adoption of a stockholder rights plan, which is also known as a poison pill......»»

Papa John’s International Inc.’s founder John Schnatter is taking his first legal action against the pizza chain since relations with his board of directors began crumbling months ago......»»

Papa John’s mandates diversity training for its staff as founder John Schnatter pushes to regain control of the pizza company that executives say was destabilized by his divisive behavior......»»

Board members at Papa John’s International Inc. are stepping up their fight against founder John Schnatter......»»

Wall Street JournalPapa John's Independent Board Members Dispute Founder's ClaimsWall Street JournalA special committee made up of the company's independent directors issued an open letter on Wednesday disputing what Mr.....»»

Papa John’s International Inc. founder John Schnatter asked the pizza chain’s board to eliminate a corporate takeover defense that could stop him from taking control of the company or talking with other investors about a deal......»»

Shares of Papa John's International Inc. and Wendy's Co. rose late in the trading session Wednesday after a report in The Wall Street Journal said ousted founder and chairman John Schnatter had held talks to merge the pizza company wi.....»»

Hollis Johnson Papa John's founder John Schnatter discussed merging the pizza chain with Wendy's, the Wall Street Journal reports.  The talks reportedly began before Schnatt.....»»

The Papa John's board is discussing the possibility of voting to adopt a "poison pill" to block John Schnatter from gaining controlling interest in the company.
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Shares of Papa John's International Inc fell 8 percent on Monday after the Pizza chain said it would implement a "poison pill" stock dilution that would act against any move by founder John Schnatter to take a bigger stake......»»

Papa John’s board approved a "poison pill" plan to block their embattled founder, John Schnatter, from.....»»

John Schnatter said he has been approached by “several third parties” about potential investments in Papa John’s, but has been unable to speak with them......»»

Papa John's International Inc. founder and former CEO John Schnatter sent a letter last week to the company's board of directors, requesting that it remove or amend parts of its poison pill plan. The plan was adopted in July to avoid a hostile ta.....»»

A group of activist investors has a big stake in Kohl’s Corp. and is attempting to take control of the department-store chain’s board, according to people familiar with the matter......»»