what we know is about 9+% delinquency. The black swan may be found in what we do not know. Let us lay out the cards. People who could not borrow from banks go to Private Credit. It would imply more risks (& reward). Without due diligence, defaults is not unexpected. Let us monitor. $KKR & Co LP(KKR)$ $Apollo Global Management Inc(APOS)$
Papa Johns: Better Upside Potential On Takeover Offer
$Papa John's(PZZA)$ The recent resurgence of acquisition offers has caught my attention. $Apollo Global Management Inc(APOS)$ has proposed a $64 per share offer (still about half the historical peak of $130), which holds significant return potential if the deal closes successfully. The stock currently trades at $45.62 as of October 13, 2025. With such a wide spread, it's practically a paradise for arbitrageurs—though the risks are considerable.For investors with a certain risk appetite, this should be a case worth betting on with a high position.Causes: Domestic pressures facing the franchise giantPapa John's currently operates 6,019 stores across 50 countries and regions worldwide. Data as of March 30, 2