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Before founder John Schnatter was forced out of Papa John's, he had talks with hamburger giant Wendy's about merging, the Wall Street Journal says        ... [Read More]
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Papa John's founder John Schnatter says the pizza chain does not know how to handle a "crisis based on misinformation" and that he made a "mistake" in agreeing to step down as chairman. Schnatter says the board asked him to step down as chairman without "any investigation" and he should not have... [Read More]
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Papa John's founder John Schnatter wrote a letter to the board, accusing it of not "doing any investigation." [Read More]
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Papa John's is trying to repair the damage caused by its CEO's controversial comments about the NFL protests. [Read More]
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The founder of Papa John's Pizza says it was "a mistake" for him to resign as board chairman of the company. [Read More]
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Papa John's disgraced founder, John Schnatter, still owns a roughly $510 million stake in the pizza chain. Schnatter resigned as chairman last week after news broke that he had used the N-word in a conference call. Schnatter is known for his life of luxury, residing in a $11.2 million mansion and reportedly often making his five-mile commute to work via helicopter. While Papa John's is trying to distance the company from its controversial founder, John Schnatter still has a lot of money banking on the pizza chain's success. Schnatter, Papa... [Read More]
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The news comes as professional sports teams continue to distance themselves from Papa John's. [Read More]
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Papa John's founder John Schnatter has explored a merger with Wendy's, according to The Wall Street Journal.Schnatter, who has been in the news for making a racial slur, has stepped down as chairman of the board of Papa John's, but is still the largest shareholder. The Journal noted that sources said the talks were held before the most recent controversy involving Schnatter.Wendy's declined to comment. The talks have not progressed since Schnatter admitted the use of a racial... [Read More]
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Papa John's International Inc. founder and recently ousted chairman John Schnatter held talks to merge the pizza company with Wendy's Co., people familiar with the matter said. The talks between Wendy's officials and Schnatter, who still sits on the board and owns 29% of Papa John's, were preliminary and began before he stepped down as chairman last week over the use of a racial slur. [Read More]
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Papa John's is surging Wednesday after news that its founder held talks with Wendy's for a potential merger. John Schnatter recently stepped down as chairman of the pizza chain after using a racial slur in a media training conference. The talks cooled down after news of the slur broke. Watch Papa John's trade in real time here. Shares of Papa John's are surging 6.89% to $55.09 apiece Wednesday. This comes after news that the founder had held talks with Wendy's for a possible merger, according to a Wall Street Journal report. ... [Read More]
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Papa John's founder John Schnatter discussed merging the pizza chain with Wendy's, the Wall Street Journal reports. The talks reportedly began before Schnatter resigned as chairman of the board. Schnatter resigned after news broke that he had used the N-word in a conference call. While Papa John's has removed Schnatter's face from the company's logo and marketing materials, he remains on the board and continues to own roughly 30% of the company. Papa John's founder John Schnatter discussed merging the pizza chain with Wendy's, according to a new report.... [Read More]
"Simply stated, racism has no place in our society," Papa John's founder John Schnatter said in a statement. [Read More]
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Papa John's says the NFL is at fault for its slumping sales. [Read More]
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The company announced a special committee has appointed a law firm to oversee an audit and investigation of the business. [Read More]
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CNBC's Kate Rogers reports the latest in the saga for Papa John's. [Read More]
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Col. Sanders' descendants react to "lies" John Schnatter is spreading about the KFC founder.        ... [Read More]
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Schnatter and his attorney are asking the board to form a special committee to review the facts surrounding the incident. [Read More]
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"He's a weasel. Because he's prejudiced, he's trying to say somebody else was, too." [Read More]
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According to Schnatter his resignation included an extortion attempt. [Read More]
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Papa John's founder John Schnatter wrote a letter to the board, accusing it of not "doing any investigation." [Read More]
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