YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Papa John’s founder sells portion of company stock

Posted online

Papa John’s founder John Schnatter sold 1.9 million of the company's shares worth $107.5 million.

After the transaction, he owns 2.9 million shares, valued at roughly $166 million. He still owns 9.2% of the company's shares.

“I am the only person who can fix Papa John's," Schnatter told Fox Business two weeks ago, saying he wants to turn around the company. "You are not going to fix Papa John’s without Papa John."

Read more from Fox Business.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
When Values Collide: Navigating politics in the workplace

Should we be talking about politics in the workplace? Whatever one’s opinion on the practice, a February study by Gallup Inc. says 54% of on-site U.S. employees are doing it anyway.

Most Read
SBJ.net Poll
Who won the vice presidential debate?

*

View results

Update cookies preferences