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December 3, 1998 | KEN WOO, TIMES STAFF WRITER
Fresh Enterprises Inc., the Westlake Village-based parent of Mexican fast-food chain Baja Fresh, said Wednesday it has sold controlling interest in the company to a group of investors who plan to step up expansion of the fast-growing restaurant. Terms of the deal were not disclosed. Baja Fresh, which opened its first store in Newbury Park in 1990, has 48 outlets nationwide, primarily in Southern California, Nevada and Arizona.
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BUSINESS
April 26, 2002 | RICHARD VERRIER, TIMES STAFF WRITER
In another move to defuse a management crisis, Vivendi Universal Chief Executive Jean-Marie Messier on Thursday promoted a popular program director to head Vivendi's French pay-TV unit. Dominique Farrugia, 39, was named chairman of Canal Plus, one of two positions previously held by Pierre Lescure, who also was chairman of the holding company Canal Plus Group until he was fired last week by Messier.
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BUSINESS
April 26, 2002 | RICHARD VERRIER, TIMES STAFF WRITER
In another move to defuse a management crisis, Vivendi Universal Chief Executive Jean-Marie Messier on Thursday promoted a popular program director to head Vivendi's French pay-TV unit. Dominique Farrugia, 39, was named chairman of Canal Plus, one of two positions previously held by Pierre Lescure, who also was chairman of the holding company Canal Plus Group until he was fired last week by Messier.
BUSINESS
December 3, 1998 | KEN WOO, TIMES STAFF WRITER
Fresh Enterprises Inc., the Westlake Village-based parent of Mexican fast-food chain Baja Fresh, said Wednesday it has sold controlling interest in the company to a group of investors who plan to step up expansion of the fast-growing restaurant. Terms of the deal were not disclosed. Baja Fresh, which opened its first store in Newbury Park in 1990, has 48 outlets nationwide, primarily in Southern California, Nevada and Arizona.
BUSINESS
April 26, 2002 | From Bloomberg News and Times Staff Reports
Fresh Enterprises Inc. of Thousand Oaks, which owns the Baja Fresh Mexican Grill chain of restaurants, filed Thursday to go public. The firm will attempt to cash in on what has been a hot market for restaurant stocks this year. The company told the Securities and Exchange Commission that it hopes to raise as much as $58 million in the stock offering. Fresh Enterprises has 157 company-owned and franchise-operated restaurants nationwide, with more than half in California.
BUSINESS
June 1, 2002 | MARC BALLON, TIMES STAFF WRITER
Seeking to capitalize on the sizzling "fast-casual" market, Wendy's International Inc. said Friday that it agreed to buy the parent company of Baja Fresh Mexican Grill for $275 million in cash. The deal, coming just weeks after the Thousand Oaks-based Mexican-food chain announced plans for an initial public stock offering, would give Baja Fresh the capital and marketing muscle to expand rapidly in the fast-casual sector, the fastest-growing part of the restaurant industry.
BUSINESS
May 3, 2002 | MARC BALLON, TIMES STAFF WRITER
Consumers hungering for tasty food at a moderate price are flocking to so-called fast-casual restaurant chains, making them the fastest-growing segment of the restaurant industry. Fast-casual outlets such as Baja Fresh Mexican Grill, Panera Bread Co. and Panda Express--which combine the speed of fast food with the quality and freshness of a casual dining chain--still grab only a small share of Americans' overall dining dollar.
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