California Pizza Kitchen (CPK) is to be acquired by an investor group led by Consortium Brand Partners, with Convive Brands CEO Jon Weber appointed to lead the chain’s restaurant operations, as reported by Reuters. The deal comes five years after CPK entered bankruptcy during the pandemic, when a sales slowdown and high debt levels led the company to seek protection in July 2020. Lenders took ownership of the business following that process. Under the new structure, Weber - whose Convive Brands is part ...

Core Insights - The Clorox Company (CLX) is a market leader in consumer products, particularly in cleaning supplies, and competes in various niche markets such as charcoal, water filtration, salad dressings, and kitty litter [1] Company Overview - Clorox has been facing ongoing challenges, which may impact its market position and financial performance [1] Investment Focus - The company is recognized for its sustainable dividend growth and potential for capital appreciation, making it attractive for long-term investors [1]