Crescendo Partners buys more shares of O'Charley's

By Lisa Kerner

Charlotte, N.C., Dec. 5 - Investors led by Crescendo Partners II, LP bought 285,000 shares of O'Charley's, Inc.'s stock, increasing their stake in the company to 9.6% from 8.5%.

The shares were purchased between Nov. 16 and Dec. 4 and were priced from $13.91 to $15.20 each, according to a schedule 13D filing with the Securities and Exchange Commission.

Crescendo and the reporting persons own 2,267,724 shares of the Nashville-based casual-dining restaurant company.

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