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California Pizza Kitchen Case The case begins with a quote from Rick Rosenfield, Co-CEO of CPK: “Everyone knows that 95% of restaurants fail in the first two years … my experience is you have to have financial staying power. … It’s really about having the capital and the staying power.” What do you think Mr. Rosenfield means by this distinction between capital and staying power? How is it relevant to the re-capitalization decision confronting Susan Collyns in July 2007?

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Financial Management, Finance

Category:- Financial Management
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