Papa John's criticises founder for restaurant merger meeting -letter

By Jessica DiNapoli NEW YORK (Reuters) - Papa John's International Inc has publicly criticised founder John Schnatter for attending a meeting in July about a potential deal with a competitor without its CEO, the latest salvo in a feud for control of the company. Schnatter violated instructions from Papa John's board when he met with hamburger restaurant chain Wendys Co , people familiar with the matter said on Thursday. The board had told Schnatter only to meet with the restaurant if Chief Executive Officer Steve Ritchie was present, said a letter posted by the company on Wednesday from a committee formed to audit Papa John's culture

from Latest News Business on Firstpost https://ift.tt/2BZO6SU