Papa Murphy’s pays $3.4 million for 9 Minn. stores

Papa Murphy’s Holdings Inc., the Vancouver-based parent of Papa Murphy’s take-and-bake pizza chain, said Friday it has acquired nine Papa Murphy’s stores in Minneapolis, Minn., from a single franchisee for $3.4 million. The company completed the acquisition of the stores in mid-August, bringing the company-owned store count to 24 units in the Minneapolis market. Papa Murphy’s and its franchisees operate 78 stores in the Minneapolis market. Read The Columbian story here