Columbia Wanger reduces stake to less than 5% in Red Robin

By E. Janene Geiss

Philadelphia, Nov. 10 - Columbia Wanger Asset Management, LP decreased its investment to less than 5% in Red Robin Gourmet Burgers Inc. as of Oct. 31, according to an SC 13G/A filing with the Securities and Exchange Commission.

That percentage of holdings is down from the passive stake of 7.01%, or 1,163,800 shares, that Columbia Wanger reported on Dec. 31, 2006, according to a SC 13G filing.

Red Robin is a Greenwood Village, Colo.-based casual dining company.

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