Also
* Krispy Kreme Doughnuts Inc. said its first-quarter net income rose to $8.86 million, or 15 cents a share, from $5.72 million, or 10 cents, a year earlier. Sales rose 26% to $111.1 million.
* Prandium Inc., which operates Chi-Chi’s, Koo Koo Roo and Hamburger Hamlet restaurants, said it will review an unsolicited bid from privately held Austin Grills Inc. But the Irvine-based company added that representatives for a majority of its debt holders have signaled opposition to the proposal and want to continue with Prandium’s pending bankruptcy reorganization plan.
* Ken Chandler is resigning as publisher of the New York Post after 29 years with News Corp. Lachlan Murdoch, son of News Corp. Chairman Rupert Murdoch, will replace him.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
