Apr. 12 at 3:26 PM
$PZZA THERE WILL BE A COMPETING OFFER...WELL OVER
$47.00
$AS of April 12, 2026, the standoff between the Papa John's (PZZA) Board of Directors and landscape has shifted since the initial bid was reported.
Buyout Rumors and Potential "White Knight" Activity between
$47.00 -
$65.00 ....
$11.00-
$27.00 Upside!
$THE Apollo Resurgence: Rumors continue to swirl regarding Apollo Global Management re-entering the bidding process. Historical reports suggest Apollo previously floated a
$64.00 per share figure (roughly
$2.1 billion) in late 2025.
Speculation remains that Apollo is waiting for the board to officially reject Irth Capital’s lower bid before coming back with a sweetened, definitive "knockout" offer.
The "Floor" Bid: Irth Capital Management (backed by Brookfield and Qatari investors) maintains its formal
$47.00 per share cash offer. Traders are increasingly treating this price as the "floor," assuming that any deal—whether with Irth or a counter-bidder—will likely land at
$47.00-
$64.
