Activist investor buys stake in O’Charley’s

NASHVILLE Tenn. Hedge fund Crescendo Partners, a well-known activist investor, has taken an 8.9-percent stake through its funds and chief executive, Eric Rosenfeld, in the casual-dining operator and franchisor O'Charley's Inc., based here.

While disclosing its stake in a Nov. 15 filing with securities regulators, New York-based Crescendo said that it has no plans to take an activist role in the troubled restaurant company, but it left open the possibility of t

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish