Investor buys bigger stake in O’Charley’s

NASHVILLE Tenn. Activist hedge fund Crescendo Partners upped its aggregate holding in casual-dining company O’Charley’s Inc. to 10.2 percent of the restaurant company’s outstanding shares.

In a filing made late Wednesday with federal securities regulators, Crescendo said it has spent a total of $34.2 million during the past three months to acquire its 2.27 million shares in O’Charley’s. Its previous filing in November revealed an 8.9-percent stake in the resta

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