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Johnson returned to Pizza Express in 2001/2, by which time the share price had fallen to 245p, but was outbid by Venture Capital firms TDR Capital and Capricorn Ventures International (which also owns the [[Nando's]] chicken chain) in [[2003]]<ref>http://www.caterersearch.com/Companies/33908/PizzaExpress.html</ref>. In June [[2004]], Johnson sold out his [[Signature Restuarants]] chain, including [[The Ivy]] and [[La Caprice]] to [[Richard Caring]] for £31 million; and later the Belgo and Strada chains to Caring for an additional £57 million<ref>http://www.fasttrack.co.uk/Fasttrack2002/press/PT06_London.pdf</ref>.
In [[2004]], Johnson was made chairman of [[Channel 4]], for a three year period until early [[2007]] <ref>http://www.ofcom.org.uk/media/news/2004/01/nr1_20040128</ref>. He is also chairman of Risk Capital Partners, as well as a series of perosnally held ventures.
Johnson is a weekly columnist on the [[Sunday Telegraph]], writing under the title of ''"The Maverick"''; and a Governor of the London Institute, the body representing five of the world's most prestigious art and design Colleges.
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