Papa John's stock has been battered this year after comments made by
founder John Schnatter on a conference call. Schnatter resigned as
chairman in July, but still owns about 30 percent of the company's
stock. In a nod to the bidding wars that can occur in a takeover battle,
the stock jumped nearly 8 percent today when it was announced that
Trian Fund Management is
considering a bid to buy the company and take it private.