December 27, 2007 / 9:34 PM / 12 years ago

Farallon boosts stake in California Pizza to 7 pct

WASHINGTON (Reuters) - Hedge fund Farallon Capital Management LLC disclosed on Thursday that it has boosted its stake in California Pizza Kitchen Inc CPKI.O to 7.3 percent.

The fund had reported in a prior U.S. Securities and Exchange Commission filing in December that it had taken on a 5.3-percent active stake in the upscale pizza kitchen.

The filing on Thursday showed that Farallon bought additional shares from December 4 through December 20 at prices ranging from $15.05 to $15.34.

Reporting by Karey Wutkowski, editing by Leslie Gevirtz

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