California Pizza Kitchen Inc. shares got a boost earlier this week from reports that private-equity firm American Securities Capital Partners was preparing a bid for the casual-dining chain. Citing unidentified sources, the New York Post reported Wednesday that New York-based American Securities was in “advanced talks” with the Los Angeles-based chain and securing financing. California Pizza Kitchen's share price jumped 9.6 percent on the news Wednesday to close at $18.38. On ...
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Contact: Desiree Torres Desiree.Torres@penton.com