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Breaking News: Papa John's Board OKs 'Poison Pill' to Block Founder From Gaining Control

New York Post

The boardroom battle at Papa John’s got a little uglier on Sunday. The pizza chain’s board, looking to further distance itself from the company’s controversial founder , voted on Sunday to adopt a poison pill to keep John Schnatter from gaining a controlling stake in the Louisville, Kent., company, according to a report. The move is expected to be made public on Monday, the report said, citing people familiar with the matter...

Mentions: stake Papa John's Founder