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 ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!