Hedge fund raises stake in CPK

LOS ANGELES Farallon Capital Management LLC, a San Francisco-based hedge fund, said it upped its stake in California Pizza Kitchen Inc. to about 1.56 million shares, or a 5.3 percent stake.

In a filing made Monday with the U.S. Securities and Exchange Commission, officials of the investment firm said they might discuss the chain's operations with management but had no plans to acquire a controlling interest in the Los Angeles-based casual-dining company.

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