Tuesday, April 13, 2010

California Pizza Considers Sale as Results Improve

April 12 (Bloomberg) -- California Pizza Kitchen Inc. said it is reviewing options including a possible sale and reported preliminary first-quarter earnings that beat its forecast.


Alternatives may include a sale, merger or changes to the company’s capital structure, the Los Angeles-based restaurant chain said today in a statement. Moelis & Co. is advising the company, which has 253 company-owned stores and franchises.

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