Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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USC’s Keck Buys OC-Based Practice for Cancer Network

Keck Medicine of USC, the University of Southern California’s medical enterprise, has acquired Orange Coast Oncology Hematology Medical Associates for an undisclosed price as part of a cancer-treatment network allowing local patients to avoid trips to Los Angeles for care.

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Report: Griffin-American Healthcare REIT II in Sales Talks

Irvine’s Griffin-American Healthcare REIT II, an owner of healthcare-related real estate properties, could be bought by New York-based NorthStar Realty Finance Corp., according to reports.

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Western Digital Adds Director

Irvine-based memory products maker Western Digital Corp. has expanded its board of directors with the appointment of finance veteran Paula Price.

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Clinic Gets $2.5M From Catholic Bishops

The non-profit Birth Choice Health Clinics in Aliso Viejo has received a $2.5 million from Catholic Campaign for Human Development, a national anti-poverty program of the Washington, D.C.-based U.S. Conference of Catholic Bishops.

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Midday Stock Roundup

The S&P 500 declined 0.59% to 1,966.06 in midday trading Tuesday.

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Report: Yard House Tabbed For Growth

Yard House USA Inc. is the second-fastest growing restaurant chain in the country, according to Nation’s Restaurant News.

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Midday Stock Roundup

The S&P 500 fell 0.44% to 1,976.77 in midday trading Monday.

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Ackman, Pershing Square Present Allergan Board Candidates

Activist investor Bill Ackman and his Pershing Square Capital Management LP today unveiled a slate of director candidates for Irvine-based Allergan Inc.

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Oculus’s Latest Buy in Costa Mesa; Plans Developer Conference in L.A.

Irvine-based Oculus VR Inc. on Monday announced another acquisition and plans to host a September developer conference in Los Angeles.

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Corinthian Colleges Agrees to Wind-Down Plan

Corinthian Colleges Inc. will try to shed most of its more than 100 campuses in the United States and Canada and end programs at the others under a deal with the U.S. Department of Education.

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Fastest-Growing Private Companies Wanted for Annual List

The Business Journal is looking for Orange County-based companies that have seen their yearly sales grow rapidly from mid-2012 to mid-2014 for our annual list of fastest-growing privately held companies.

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Newport Media Sold for $140M

Lake Forest-based Newport Media Inc. has been acquired by San Jose-based chipmaker Atmel Corp. for $140 million in cash.

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ClearLight Sells Portfolio Company for $150M

Newport Beach-based private equity firm ClearLight Partners LLC has sold its portfolio company Apple & Eve LLC to Canadian food manufacturer Lassonde Industries Inc. for about $150 million.

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Mazda Sets Launch Date for New Miata

Irvine-based Mazda North American Operations said it’s skipping the auto show arena and plans to instead unveil its revamped 2016 MX-5 Miata on Sept. 3 during simultaneous events in Japan, Spain and Monterey, Calif.

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Midday Stock Roundup

The S&P 500 rose 0.55% to 1,985.40 in trading Thursday, during a holiday-shortened session.

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Mazda Sets Launch Date for New Miata

Irvine-based Mazda North American Operations said it’s skipping the auto show arena and plans to instead unveil its revamped 2016 MX-5 Miata on Sept. 3 during simultaneous events in Japan, Spain and Monterey, Calif.

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3 of 4 OC-Based Automakers Top Sales Pace

Three of the four Orange County-based automakers outpaced the industry overall in June, according to Autodata Corp.

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Galardi Group CEO Named to Literacy Board

Cindy Galardi Culpepper, the chief executive office of Irvine-based restaurant operator Galardi Group Inc., has been has been named to the board of the Literacy Project.

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Midday Stock Roundup

Major indices were flat in midday trading Wednesday.

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Corinthian Deal Expected in Days

Corinthian Colleges Inc. will get more time to strike a deal with the U.S. Department of Education on plans to wind down or sell schools and programs.

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Ingram Micro Buys Minnesota IT Firm

Santa Ana-based Ingram Micro Inc. has acquired a Minnesota Internet technology provider to bolster its professional services offerings for its network of global resellers. Financial details of the buy were undisclosed.

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$210M for Santa Ana Payment Processing Company

Santa Ana-based Meritus Payment Solutions has agreed to be acquired for $210 million by Optimal Payments PLC, an online payment services provider with headquarters in London.

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Midday Stock Roundup

The S&P 500 rose 0.9% to 1,977.90 in midday trading Tuesday.

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Corinthian Colleges to Sell Heald

Santa Ana-based Corinthian Colleges Inc. said it will sell its Heald schools as part of an agreement with the U.S. Department of Education.

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Mazda Named St. Jude Children’s Hospital Corporate Partner

Mazda North American Operations’ Drive for Good holiday promotion has grown into a new role as St. Jude Children’s Research Hospital’s corporate partner of the year.