OC BUSINESS JOURNAL DAILY NEWS

OC 500: Debra Gunn Downing

Role took on increased intensity 2016— planning 2017 … 50th anniversary, Segerstrom Family’s luxe retail layout … mall’s annual sales near $2B … cast party, American Ballet’s ‘Whipped Cream’ after global debut,

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Lazy Dog Adds Georgia

Lazy Dog Restaurant & Bar will open a location in Georgia next spring, a new market for the Huntington Beach-based casual dining chain.

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Acacia Management Ousted, Board Resigns

Senior management of Acacia Research Corp. will leave the company by Friday and all board members who were in place before a recent proxy fight at the company have resigned.

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Alteryx Up

Shares in analytics software maker Alteryx Inc. rose on its quarterly report, which included higher sales that beat expectations.

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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,858.33.

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Disney Parks Tops in Growth

Year-over-year Walt Disney Co. parks and resorts’ operating income rose 15% to $1.34 billion in the most recent quarter on a 6% revenue bump to $5.2 billion. The income growth was the highest of the entertainment company’s four divisions, and the revenue increase was second-highest.

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Alteryx Boss, Wife Launch i-Rise to Lift More Boats

Alteryx Boss, Wife Launch i-Rise to Lift More Boats

Alteryx Inc. Chief Executive Dean Stoecker and his wife, Angie, want to improve educational opportunities for disenfranchised high schoolers while curbing the national student debt crises.

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OC 500: H. Lawrence 'Larry' Webb

Top Irvine Ranch homebuilder via New Home’s high-end offerings … fee projects for in-house Irvine Co. builder Irvine Pacific … first career teaching … 2017: sold out Crystal Cove development, homes averaged $5M … staking out affordable projects in Corona, Rancho Mission Viejo … former also development deal; latter to have homes at 700 SF, $350K … firm market cap $225M

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Xponential Buys Yoga Six

Irvine-based boutique fitness brand operator Xponential Fitness has expanded its portfolio.

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5 Restaurant Chains in Top 50

Five quick service restaurant chains based in Orange County—or soon to be—made trade magazine QSR’s list of the 50 largest such companies in the U.S., ranked by 2017 systemwide sales.

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El Pollo Loco $8.8M Judgment Confirmed

Costa Mesa-based El Pollo Loco Holdings Inc. must pay $8.8 million to franchisees who sued the fast food chicken chain when it opened corporate stores near their location, a Los Angeles Superior Court judge said.

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Poké Chain Gets Japan-Based Investment

Pokéworks in Irvine said it received an investment from Toridoll Holdings Corp. in Japan.

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Midday Stock Roundup

The S&P 500 was up 0.4% in midday trading to 2,861.01.

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Jazz’s Newport Noise Isn’t Music to Developer’s Ears

Noise-Related Litigation Puts Big Lease in Question

Jazz Semiconductor Inc.’s operations in its longtime industrial facility in Newport Beach already have an agreed-upon expiration date of March 2027.

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AVD Up But Misses on Revenue

Newport Beach-based chemicals maker American Vanguard Corp. earned $5.6 million in quarterly net income, up from $4.3 million year-over-year, on revenue of $107 million, up from $78 million.

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PHG Names CFO

Pacific Hospitality Group named Melanie Bucci chief financial officer;. She was most recently vice president of finance at Montage International for about eight years; both are hotel management companies based in Irvine.

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OC 500: Janet Evans

Laguna Beach resident, five-time Olympic medalist in swimming—four gold, one silver … now five-figure corporate speaker on leadership, team-building, peak performance … El Dorado HS, Fullerton … USC grad … co-

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Skyworks to Buy Avnera for $405M

Skyworks Solutions Inc. has agreed to buy analog chip systems maker Avnera Corp. for $405 million in cash.

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Real Mex Files BK; To Sell

Holding companies that own chains run under Real Mex Restaurants Inc. have filed for bankruptcy and will sell to an affiliate of New York-based private equity firm Z Capital Group LLC, which along with Santa Monica-based Tennebaum Capital Partners will provide $5.5 million in debtor-in-possession financing during the Chapter 11 process.

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3 OC Hospitals in DOJ Settlement

Ontario-based Prime Healthcare Services Inc. and its chief executive have agreed to pay $65 million to settle federal allegations of Medicare overbilling at 14 California Hospitals, including four in Orange County, the U.S. Attorney’s Office said Aug. 3.

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Midday Stock Roundup

The S&P 500 rose 0.4% in midday trading to 2,852.15.

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Din Tai Fung Expands

Popular Taiwanese restaurant chain Din Tai Fung is expanding its only Orange County location, at South Coast Plaza shopping center in Costa Mesa.

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Buchan Exits PAAMCO with Smile

Finance Whiz to Focus on Quant Fund

How does Jane Buchan feel about departing the chief executive role she had for 16 years while building Pacific Alternative Asset Management Co. into one of the world’s largest fund of funds?

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OC 500: Louis Welch

Co-founded LA Fitness chain 1984 with Chinyol Yi … first opened LA; chain’s growth nearing 700 locations North America … declines media exposure … bought bicoastal, 8-figure digs … golfer … in youth acted in films—‘Wedding on Walton’s Mountain’ and ‘The Ratings Game’—and TV: ‘Facts of Life,’ ‘Scarecrow and Mrs. King’

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Midday Stock Roundup

The S&P 500 was up 0.3% in midday trading to 2,834.55.

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