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Papa John's founder to diversify portfolio

June 13, 2007

Louisville Courier-Journal: Papa John's International founder John Schnatter plans to sell up to 1.8 million shares of his stock in the pizza chain over the next year, according to a filing with the Securities and Exchange Commission.
 
Completion of the stock sale would cut Schnatter's stake in the company to less than 16 percent.
 
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Read also, Papa John's founder cuts stake in company, Papa John's founder exercises stock options.

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