American Securities to Bid on California Pizza Kitchen
Thursday, July 29, 2010
According to sources, American Securities is currently bidding on California Pizza Kitchen Inc., Reuters reported.
The company announced it April that it hired Moelis & Co. to provide exclusive financial advisor services while the company considered a possible sale or changes to its capital structure, the article said.
The article continued that another private equity firm, Harvest, was also looking to bid on California Pizza Kitchen.
California Pizza Kitchen, Inc., founded in 1985, is a casual dining chain.
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