Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Midday Stock Roundup

The S&P 500 was down 0.4% to 2,090.27 in midday trading.

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Seven Honored for Entrepreneurship

Members of the Orange County business community celebrated seven winners during a luncheon Wednesday for the Business Journal’s 14th Annual Excellence in Entrepreneurship Awards.

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Midday Stock Roundup

The S&P 500 was up 0.7% to 2,086.62 in midday trading.

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Pyott to Retain Chair of Allergan Foundation

David Pyott will remain chair of the Allergan Foundation, according to Actavis PLC, the Ireland-based drug maker that recently wrapped up its $72.5 billion buy of Irvine-based Allergan Inc.

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Ingram Buys in South America

Santa Ana-based Ingram Micro Inc. said it bought businesses in Peru and Chile from Clearwater, Fla.-based Tech Data Corp., on undisclosed terms.

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Microsemi in $389M Deal

Microsemi Corp. has agreed to acquire Camarillo-based networking chip maker Vitesse Semiconductor Corp. for $389 million.

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Times Gets $4.2M Lien on Register

The Los Angeles Times has been granted a $4.2 million “writ of attachment” against the Orange County Register in Superior Court, according to a news report.

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Midday Stock Roundup

The S&P 500 was about flat at 2,072.08 in midday trading.

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Actavis Wraps Up Allergan Buy; Pyott Passes on Board Seat

Actavis PLC said today that it completed its acquisition of Irvine-based drugmaker Allergan Inc., currently valued at about $72.5 billion.

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El Pollo Loco to Enter Dallas

Costa Mesa-based El Pollo Loco Holdings Inc. plans to enter the Dallas market in 2016, part of an expansion plan that calls for growth to a mix of about 40 franchised and company-owned restaurants in Texas over the next several years.

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Midday Stock Roundup

The S&P 500 was up 1.1% to 2,075.04 in midday trading.

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Edwards Up on Heart Valve Studies

Irvine-based Edwards Lifesciences Corp.’s shares rose today on positive results from several studies of less-invasive heart valves.

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First American Buys NY Title Co.

Santa Ana-based First American Financial Corp. said that its title subsidiary bought TitleVest Holdings Group LLC in New York City on undisclosed terms.

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Wet Seal Sold

Versa Capital Management LLC in Philadelphia has acquired the remnants of Foothill Ranch-based retail chain Wet Seal Inc., according to a report in the Wall Street Journal.

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Midday Stock Roundup

Major indices were down in midday training on a strong dollar and lower oil prices.

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El Pollo Loco Up on Q4 Results

Shares in Costa Mesa-based El Pollo Loco Holdings Inc. are up about 14% in midday trading to a market cap of $1 billion on positive quarterly and annual numbers delivered after markets closed yesterday.

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New CEO to Octane

Finance and sales veteran Bill Carpou has been named chief executive of Irvine-based nonprofit Octane, which links startups and emerging companies with resources and investors.

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BlizzCon Dates Set

Blizzard Entertainment Inc.’s annual fanfest BlizzCon will be held Nov. 6 and Nov. 7 at the Anaheim Convention Center.

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Midday Stock Roundup

The S&P 500 was up 1% to 2,059.93 in midday trading.

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Chicago Buyer for Del Taco

Chicago-based blank check company Levy Acquisition Corp. plans to buy Lake Forest-based Del Taco Holdings Inc. in a deal that values Del Taco at about $500 million, according to Levy.

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Peri, Olloclip Part of Amazon Launch

At least two Orange County consumer electronics makers will get prime positioning on Amazon.com Inc.’s new marketplace launched today.

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Kareo Buys San Francisco Company

Irvine-based Kareo Inc. said today that it bought San Francisco-based DoctorBase Inc. for an undisclosed amount.

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Midday Stock Roundup

The S&P 500 was flat at 2,044.73 in midday trading.

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Manhattan’s MetLife Building in Irvine Company Portfolio

Donald Bren’s Irvine Company owns 97% of the 58-story MetLife building in Manhattan, one of New York City’s best-known skyscrapers, accord to a Bloomberg report.

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UCI Names Vice Chancellor, Med School Dean

University of California-Irvine said today that Dr. Howard Federoff will be its new vice chancellor for health affairs and dean of the School of Medicine, effective July 1.