According to a Wall Street Journal report, Trian Fund Management has opted to not acquire Papa John’s. Trian also owns a 13 percent stake in Wendy’s. Citing sources familiar with the situation, the WSJ also said that other buyers are only interested in buying a stake of the company. Shares of the pizza maker subsequently … Continue reading “Papa John’s Shares Collapse as Wall Street Learns Trian No Longer is Looking to Buy Company”
