Papa John's Pizza
Announcing The investements of Starboard Value in Papa's Johnes
Jeffersontown, Kentucky, U.S.
On February 4, 2019, it was announced that the activist hedge fund Starboard Value, which had played a large role in turning around the troubled Olive Garden restaurant chain, would be investing $200 million into Papa John's Pizza and that Starboard could possibly invest an additional $50 million by March 29, 2019.