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* Korn/Ferry International, a Los Angeles-based executive search firm, plans to buy the recruitment business of Britain’s PA Consulting Group for about $35 million in cash to boost its middle-management operations.
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* Los Angeles-based California Beach Restaurants Inc., which owns and operates Gladstone’s 4 Fish, reported a fiscal first-quarter net loss of $160,000, or 5 cents a share, contrasted with net income of $85,000, or 3 cents, a year ago. Revenue fell 12% to $3.1 million.
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* MRV Communications Inc. announced the resignation of Zeev Rav-Noy, chief operating officer, treasurer and director, effective immediately. Rav-Noy, who co-founded the Chatsworth fiber-optics company in 1988, resigned for personal reasons, the company said.
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