Feb 4 (Reuters) – Papa John’s International Inc’s founder John Schnatter said on Monday the pizza chain rejected an investment offer of up to $250 million from him.

Schnatter said he was withdrawing the offer after the company accepted a similar one from activist hedge fund Starboard Value LP. (bit.ly/2t0MiC2) (Reporting by Uday Sampath in Bengaluru; Editing by Shinjini Ganguli)