Exclusive: Apollo withdraws bid to take pizza chain Papa John's private at $64 a share, sources say
Update: 2025-11-04
Description
Apollo Global withdraws offer to buy Papa John's amidst expected poor earnings report. The investment firm had previously offered $64 per share, but with declining profits and store closures, the deal has fallen through. Papa John's will announce third-quarter results on Thursday, with analysts predicting a significant drop in earnings.
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