Papa John’s (PZZA) in Advanced Take-Private Discussions with Irth Capital
Papa John’s (PZZA) shares rose 5.7% after reports of advanced take-private talks with Irth Capital, which had previously offered $47 per share in March 2026. The company’s recent financial performance has been weak, with a 5% decline in North America comparable sales and a drop in adjusted EBITDA, making it potentially more attractive to private buyers.
Topics: Irth Capital merger and acquisition Papa John’s stock price movement take-private deal