CPK latest restaurant to seek a deal

CPK latest restaurant to seek a deal

California Pizza Kitchen Inc. became the latest restaurant company to delve into the deal making fires, which some analysts have said are heating up after transactions for CKE Restaurants, Papa Murphy’s and the Monday announcement for the purchase of Wingstop.

Los Angeles-based CPK said Monday its board of directors has authorized management to consider various options for enhancing shareholder value, which could include a possible sale, merger, changes to capital structure or ot

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