Papa Murphy’s Agrees to Sell

Some of the links in this post may be affiliate links such as part of Amazon Associate program. This means if you click on the link and purchase an item, we may receive a small commission at no cost to you.

Papa Muphy’s shareholders woke up this morning to a welcome surprise! Shares were up greater than 30% on news of a merger with MTY Food Group. The buyout price was $6.45 per share which was a great one day pop in the price. That said shareholders since the IPO have lost value. Shares went public in 2014 for $11 per share.

MTY is a leading franchisor in the North American restaurant industry. MTY’s multi-concept model allows MTY to position itself across a broad range of demographic, economic and geographic sectors. As at February 28, 2019 , its network had 5,941 locations in operation, mostly all franchised, including over 500 locations operating in 39 countries outside North America.

Papa Murphy’s is a franchisor and operator of the largest Take ‘n’ Bake pizza brand and the 5th largest pizza chain in the United States. Today, the company operates 1,331 franchised and 106 corporate-owned stores in 37 U.S. states, Canada and the UAE.

Related Articles

Latest Articles


Secret Menus