Core Viewpoint - Apollo Global Management is reportedly planning to acquire Papa John's at a price of $64 per share, leading to a significant increase in Papa John's stock price [1] Group 1: Acquisition Details - The acquisition offer from Apollo Global Management values Papa John's at approximately $2 billion [1] - This is not the first time acquisition rumors have surfaced; earlier in June, it was reported that Apollo and a Qatari investment fund were in discussions regarding a potential acquisition [1] Group 2: Market Reaction - Following the acquisition news, Papa John's stock price surged by 19% during intraday trading, and it rose by 3.02% in after-hours trading [1] - Speculation about Papa John's being a potential acquisition target has been ongoing since earlier this year, with indications that Irth Capital Management, backed by members of the Qatari royal family, was considering a privatization deal [1]