After founding Papa John’s Pizza in 1984 and leading the chain to more than 3,000 units in 10 countries, John Schnatter stepped away from day-to-day restaurant operations in 2006 to explore philanthropic activities and real estate investments. Until, that is, he met Mark Bates, operator of Calistoga Bakery Cafe. Based in Naples, Fla., where Schnatter vacations, Bates’ concept sparked enough attention from Schnatter that he bought into the company last year. The ...

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