Financing
Investor behind Papa John’s comeback forms a SPAC
Starboard Value, which also overhauled the board at Darden Restaurants, has filed for a $300 million blank-check company, says RB’s The Bottom Line.
Financing
Bankrupt operator NPC to close up to 300 Pizza Hut locations
The franchisee is also selling its Pizza Hut units following an agreement with the franchisor.