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Irvine-based Western Digital Corp. said a unit of China-based Unisplendour Corp. Ltd. would not buy a 15% stake in the storage products maker for $3.8 billion after a U.S. government agency said the deal would undergo a formal review.
Lake Forest-based Del Taco Restaurants Inc. plans to enter a new market in 2018 with the first of six franchised stores in Pennsylvania.
Newport Beach-based United Capital Financial Advisers LLC has acquired FlexScore, a financial technology product designed to help customers.
One of Western Digital Corp.’s largest investors plans to vote against its $19 billion takeover of Milpitas-based SanDisk Corp. at a special shareholders meeting next month.
Orange County had 37 hotels with 6,705 rooms under construction or in planning at the end of 2015, a report by Irvine-based Atlas Hospitality Group Inc. said.
Irvine-based Plaza Bancorp Inc. reported unaudited net income of $3.4 million on net interest income of $11.3 million for its quarter ended Dec. 31.
Huntington Beach-based BJ’s Restaurants Inc. reported net income of about $11 million on revenue of $233 million for its quarter ended Dec. 31.
Vans Inc. revenue was up 3% in the fourth quarter of 2015, according to its parent, Greenboro, N.C.-based VF Corp. The Cypress-based shoe and apparel division’s full-year sales totaled $2.2 billion, a 7% increase compared with 2014.
Irvine-based Quality Systems Inc. appointed James Arnold Jr. to the post of chief financial officer, effective March 1.
Ingram Micro Inc. shares surged more than 21% in midday trading after the Irvine-based company said it’s set to be sold for $6 billion to a Chinese conglomerate.
Kaiser Aluminum Corp. said it swung to a loss of $237 million last year.
REAL ESTATE: Fitness, health centers, outdoor upgrades
Irvine Company, Orange County’s dominant landlord, is preparing to launch a package of fitness, wellness and outdoor amenities for a large portion of its office portfolio.
Anaheim-based Targus Group International Inc. was acquired by its lenders for an undisclosed amount in a foreclosure sale on Feb. 1.
San Jose-based Broadcom Ltd. will slash nearly 700 employees in Irvine as part of a nationwide cost-cutting plan under Chief Executive Hock Tan.
Irvine-based St. Joseph Health bought 26 Nurse Next Door franchises with an option to buy 12 more.
Angel Investors Start Due Diligence on Pair of Startups
The Cove Fund I selected two startups to move on to the next stage—due diligence—after hosting a pitch session on Jan. 26.
Wants to Focus on Buys Pipeline Without Equity
San Clemente-based CareTrust REIT Inc. is keeping itself busy as February unfolds by reworking its credit, paying off debt and making deals.
On Deck To Help Bank Maximize Position
Opus Bank in Irvine signed a marketing and referral agreement with New York-based On Deck Capital Inc., whose financing products focus on small businesses.
Would Introduce Player Vetting, Operator Licenses
Daily fantasy sports operators and fans in California notched a big win at the state legislature late last month that would pave a path to regulating a booming segment of the gaming world.
Sales and leases of offices, industrial buildings, retail space and apartments
Christine and Jeff Chow sold an industrial condominium in Fullerton to Dolce Vita Property Investments LLC for $1.2 million, or $185 per square foot.
Fountain Valley-based MemorialCare Health System said today that it has entered into a joint venture with Fresenius Medical Care North America to operate 15 kidney dialysis clinics in Orange and Los Angeles counties.
How, Why School Became Home for Couple’s $7 Million Art Collection
Family matters at Chapman University, although that won’t be obvious to visitors to the opening of the school’s Hilbert Museum of California Art later this month.
Developer Plans Creative-Office Space at Former LA Times Plant
The former Los Angeles Times printing plant in Costa Mesa is slated to be turned into Orange County’s largest creative-office redevelopment project to date.
TELECOM: Ultra Mobile tops $150M in revenue in third year
A Costa Mesa-based startup is rolling out two brands to complement its booming international calling card business.
An investment group led by Freedom Communication Inc. Chief Executive Richard Mirman will not submit the initial or “stalking horse” bid for the company’s assets by today’s deadline.