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flag Papa John's shares jumped 12.6% after Apollo offered $64/share to take the company private, valuing it at $2B.

flag Papa John's shares rose 12.6% after hours on October 14, 2025, following reports that Apollo Global Management submitted a new $64-per-share offer to take the pizza chain private, up from its earlier joint proposal with Irth Capital. flag The bid, valued at about $2 billion, exceeds the company’s current market cap of $1.49 billion. flag While the deal is not finalized, the offer has boosted investor confidence, driving the stock to $54.80 after hours. flag The surge reflects market speculation rather than new operational developments, amid a volatile trading history and recent analyst downgrades.

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