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Benzinga
Benzinga
Business
Henry Khederian

Hunterbrook Report Alleges Fake News Network Behind Papa John's Buyout Rumor

PapaJohn's storefront

Papa John’s International Inc (NASDAQ:PZZA) shares are trading lower Wednesday afternoon as the market digests the aftermath of a debunked takeover rumor and weak fundamentals. The stock's decline follows a brief surge Monday caused by false reports claiming TriArtisan Capital Advisors was leading a $65-per-share buyout bid.

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