A top antitrust lawyer lays out how golf's fierce battle pitting PGA vs. LIV is likely to play out in court [Fortune]
Papa John's International, Inc. (PZZA)
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Source: Fortune
players with the new upstart offering previously unheard of purses. But ultimately, the question of whether the PGA is in violation of antitrust laws is something that will be decided in court, predicts Gerald Maatman, one of the nation's leading antitrust lawyers at Seyfarth Shaw LLP in Chicago. For Fortune, Maatman summarized how a suit is likely to proceed, and the issues the LIV should emphasize. Maatman's specialty is defending corporations in antitrust actions. He represented Papa John's in a just-settled suit brought by employees contesting its policy of preventing its franchisees from poaching workers from other franchisees. Maatman is a former college all-American golfer who spoke to Fortune from Dornoch, Scotland, where he's competing in the Scottish Senior Amateur. Maatman believes that both a group of LIV players and the tour itself will file separate suits in federal court, and might pursue actions at the state level as well. “They could also file in New York, Califor
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News
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- Papa John's International, Inc. (NASDAQ: PZZA) was upgraded by analysts at Stifel Nicolaus from a "sell" rating to a "hold" rating. They now have a $60.00 price target on the stock, down previously from $65.00.MarketBeat
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- Papa John's Finds Its Distinctive Voice With New Big Boi Partnership [Forbes]Forbes
PZZA
Earnings
- 2/29/24 - Beat
PZZA
Sec Filings
- 3/29/24 - Form PX14A6G
- 3/29/24 - Form ARS
- 3/29/24 - Form DEF
- PZZA's page on the SEC website