OTHER NEWS - Oct. 12, 1994
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Chicken Chain Loses Cash Infusion: Koo Koo Roo Inc. shares fell 6% after the operator of rotisserie-chicken restaurants said it will not receive a $55-million cash infusion from Casual Dining Concepts. Shares of Iselin, N.J.-based Koo Koo Roo declined 50 cents to $7.75 on volume of 450,800, almost triple their three-month daily average of 124,900. Closely held Casual Dining is an affiliate of Los Angeles-based Archon Capital Partners, whose chief investor is the Milken Family Trust, the family trust of former junk bond king Michael Milken.
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