Papa John’s Moves To Prevent Founder From Gaining Control

LOUISVILLE, Ky. (AP) — Papa John’s is attempting to ward off its controversial founder from amassing a controlling stake in the company by adopting a “poison-pill” plan.
The company is struggling to distance itself from John Schnatter, who resigned as chairman this month after his use of a racial slur during a media training session was revealed. Schnatter has since said his resignation was a “mistake” and criticized the company’s handling of the inciden