MTY Food Group to buy Papa Murphy's for $190 mln

MTY Food Group said April 11 that it agreed to buy Papa Murphy's Holdings Inc for $6.45 a share or about $190 million. Papa Murphy's is a franchisor and operator of the Take 'n' Bake pizza brand and one of the largest pizza chains in the United States, that sells fresh, hand-crafted pizzas ready for customers to bake at home. Lee Equity Partners LLC took Papa Murphy’s public in 2014.

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