Canadian Company Denies $720M Takeover Bid for Papa Murphy's, Cold Stone

• A Canadian company operating Papa Murphy's, Cold Stone, and Wetzel's Pretzels rejected a $720M takeover bid.
• The company denied the bid from a rival.
• The rejected bid was for the entire company, not specific chains.
• No further details on the rival or the reasons for the rejection were provided.
• The company continues to operate its chains as usual.