Investor to buy CKE’s La Salsa
From Times Staff and Wire Reports
Investor David Kim agreed to acquire CKE Restaurants Inc.’s La Salsa chain less than a year after he bought the Baja Fresh Mexican eateries from Wendy’s International Inc.
Terms weren’t disclosed. The deal is expected to close by next month’s end, Carpinteria-based CKE said. La Salsa, seen mostly in Southern California, had sales of $46.3 million last year.