NDAQ:PZZA - Post Discussion
Post by
mdanese on Jul 27, 2021 4:36pm
New Coverage/Issuer Covenant Card: Papa John’s International
On May 11, the company entered into a share repurchase agreement with certain affiliates of Starboard Value LP, which provided for the company’s repurchase of 78,387 shares of the Series B convertible preferred stock from Starboard and the conversion of Starboard’s remaining 171,613 shares of Series B convertible preferred stock into 3,458,360 shares of Papa John’s common stock.https://reorg.com/papa-johns-international-covenant-analysis/
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