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Papa John’s Sinks Most Since 2020 on Report Apollo Pulled Bid
Yahoo Finance· 2025-11-04 19:16
A Papa John's restaurant in Louisville, Kentucky. Papa John’s International Inc. plunged following a report that Apollo Global Management Inc. pulled its bid to take the pizza chain private. Most Read from Bloomberg The stock dropped as much as 21% on Tuesday afternoon trading, the most since the start of the Covid-19 pandemic in March 2020. Apollo Global withdrew its offer to take pizza chain Papa John’s private at $64 a share about a week ago, Reuters reported, citing people familiar with the deal. S ...