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Papa John's founder cuts stake in company

May 24, 2007

Louisville Courier Journal: Company founder John Schnatter has sold $44.2 million of stock in Papa John's International in recent weeks, lowering his stake in the company by about 15 percent. Schnatter is still the company's largest stockholder with an ownership interest of about 22 percent.
 
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Read also, Papa John's founder exercises stock options, Papa John's founder sells shares.

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