Papa John's reportedly weighs $1.5B buyout offer from Qatari royal family-backed firm

Papa John’s International is reportedly reviewing a new proposal to take the company private in a potential $1.5 billion acquisition, according to Reuters. 

Irth Capital Management, a Qatari-backed investment fund supported by Brookfield Asset Management, reportedly submitted the proposal on Wednesday, offering $47 per share, a 44% premium over the stock’s most recent closing price.

Following the announcement, the stock surged by a significant 15%, closing around $38.86. 

The...