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Two reports by University of California-Irvine researchers show most job growth in two decades in Southern California has come outside of traditional downtown areas and central business districts.
Alliance Entertainment Corp. said it bought the retail music distribution business of Anderson Merchandisers in a deal that would push Alliance revenue above the $1 billion mark. A purchase price wasn’t disclosed.
Costa Mesa-based Precision Pet Products has been sold on undisclosed terms to Petmate in Arlington, Texas.
Huntington Beach-based insurance provider Confie acquired on undisclosed terms two insurance brokerages in New York: Lloyd D. Sprague & Son, Inc. and J.N. Mason Agency, Inc.
Western Digital Corp. today raised its guidance for the current quarter and initiated an executive change.
Bravo Sports Corp. in Santa Fe Springs bought Sector 9 in La Jolla on undisclosed terms.
Laguna Beach-based virtual reality content maker NextVR Inc. has raised $20 million from CITIC Guoan Information Industry, a state-owned investment firm in China.
University of California-Irvine’s Long Institute has received close to $3 million from the Long Family Foundation to expand interdisciplinary China research.
Drybar Holdings LLC in Irvine sold a minority stake to Roark Capital Group, an Atlanta-based private equity firm, for an undisclosed amount.
John Wayne Airport had nearly 950,000 passengers in May—up 13% compared with the same month last year, when about 840,000 passengers passed through its gates.
Concert Golf Partners in Newport Beach bought Crestview Country Club in Wichita, Kan., on undisclosed terms.
Irvine-based Ingram Micro Inc. is cutting more than 900 workers at a wireless device repair and distribution center in Fort Worth, Texas.
SCG America has been named to develop the Grove District Hotel Resort Development, a stalled 5-acre resort with up to 769 rooms and 39,000 square feet of meeting space in Garden Grove, a press release said.
Kodiak Capital Group LLC in Newport Beach has agreed to buy up to $1 million in common stock of Evans Brewing Co. in Irvine.
A report released this afternoon by Chapman University in Orange indicates a softening of economic and employment growth in Orange County.
University of California- Irvine said today it and the Harvard Pilgrim Health Care Institute will receive up to $6.7 million in renewed federal funding to help improve patient safety in healthcare settings.
Knott’s Berry Farm in Buena Park plans to buy 1.1 acres for $250,000 as part of a $5 million expansion of its Soak City water park by May 2017.
Microsemi Corp. invested in Veracity Security Intelligence.
Newport Beach-based Blueprint Bio Inc. has received $7.5 million in Series A funding.
Incipio LLC, an Irvine-based maker of cell phone cases and other mobile device accessories, has bid $177M for Skullcandy Inc.
An affiliate of Irvine’s Pacific Hospitality Group is in deals for two AC Hotels—a 176-room property currently under construction at the Park Place mixed-use campus near John Wayne Airport and a recently opened location in Tempe, Ariz.—from Woodbine Development Corp. and USAA.
Irvine-based bank First Foundation Inc. will become part of the Russell 2000 Index on Monday morning.
California Attorney General Kamala Harris has conditionally consented to Irvine-based St. Joseph Health’s proposed affiliation with Providence Health and Services.
Rancho Santa Margarita-based Pieology Pizzeria bought competitor Carlsbad-based Project Pie.
Verizon Communications Inc. will buy Aliso Viejo-based Telogis Inc. on undisclosed terms.