Orange County Business Journal

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Allergan Rebuffs Valeant's Latest Move

Valeant Pharmaceuticals International Inc. has filed a pre-merger notification with the U.S. Federal Trade Commission in its pursuit of Irvine-based Allergan Inc.

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Midday Stock Roundup

The S&P 500 was up 0.56% to 1,978.64 in midday trading Monday.

Allergan to Shareholders: Leave Board in Place

Valeant Pharmaceuticals International Inc. has filed a pre-merger notification with the U.S. Federal Trade Commission in its pursuit of Irvine-based Allergan Inc.

Management Consultants Grow OC Workforces 25%

Regulatory Changes, Plus Acquisition Fuel Increase

Orange County’s top management consulting firms grew their local offices by 25% over the past year, the highest rate since a recovery in hiring began in 2011.

Accounting Firms Tally Up 4% in OC Staff Increases

Gains Represent Third Year of Local Staff Jumps

Orange County’s top accounting firms combined to grow their local offices by 4%, continuing a run of employment gains for the third straight year.

ClearLight Sells Juice Maker for $150M

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

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NB Real Estate Research Firm Sells Majority Stake

Newport Beach-based commercial real estate research firm Green Street Advisors Inc. has sold a majority stake to Golden Gate Capital, a private equity firm in San Francisco.

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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.

Women’s Work: Revenue Growth, New Hires

Female-Owned Businesses Top $3B, 26,000 Jobs

Orange County’s biggest women-owned businesses combined to grow revenue by 7% last year, notching a fourth-straight year of top-line gains for a total of $3.1 billion.

How Zee Sees It

Allred’s Career Brings Business, Family, Community Together

Name a challenge that could faze a businesswoman.

CSUF Survey Shows Trim on Q3 Outlook

ECONOMY: Quarterly index shows slight dip on mixed sentiments

Orange County business executives are feeling less optimistic about the local economy heading into the third quarter, according to the latest quarterly index of business sentiments published by the Mihaylo College of Business and Economics at California State University-Fullerton.

Investment Bank in Three Funding Deals

Newport Beach-based investment bank Digital Offering LLC helped raise more than $10 million for its first batch of clients, including two with headquarters in Orange County.

Dental Products Maker Buys in Oxnard

Orange-based dental products maker Kerr Corp. acquired a pair of business units in Oxnard in an effort to expand its portfolio of dental products and to venture into the animal healthcare market.

Electromagnetic Filter Maker in SA Acquired

Santa Ana-based Filter Concepts Inc. has been acquired by Astrodyne Corp. on undisclosed terms.

Meritus to Be Bought for $210 Million

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

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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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Danaher Subsidiary Buys Two Business Lines

Orange-based dental products maker Kerr Corp. has acquired a couple of business units in Oxnard in a bid to expand its portfolio of dental products and to venture into the animal healthcare market.

NB Investment Bank in Three Funding Rounds for SoCal Startups

Newport Beach-based investment bank Digital Offering LLC has helped raise about $11 million for its first batch of clients, including two with headquarters in Orange County.

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NB Investment Bank in $11M Rounds for SoCal Startups

Newport Beach-based investment bank Digital Offering LLC has helped raise about $11 million for its first batch of clients, including two with headquarters in Orange County.

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Ubiquity Buys Online Platform for Musicians

Irvine-based media company Ubiquity Broadcasting Corp. has paid $2.25 million worth of stock for the assets of Monkeybars Inc., an online distribution and content-sharing platform for musicians.

Rant Media Raises $4M in Stock Offering

Online sports and lifestyle content publisher Rant Media Network Inc. raised $4 million in a private offering of its common stock.

Santa Ana Healthcare Services Firm Sold

Capario, a Santa Ana-based healthcare technology services company, was sold for $115 million to Emdeon Inc. in Nashville, Tenn.

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Ubiquity Buys Online Platform for Musicians

Irvine-based media company Ubiquity Broadcasting Corp. has paid $2.25 million worth of stock for the assets of Monkeybars Inc., an online distribution and content-sharing platform for musicians.

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Hyundai Capital Partners With FICO

Irvine-based captive automobile finance company Hyundai Capital America has partnered with Fair Isaac Corp., better known as FICO, in a move to provide free credit scores to customers.

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Reports: Paulson & Co. Buys Allergan Shares, Backs Valeant Offer

Hedge fund Paulson & Co. has acquired more than 6 million shares of Irvine-based drug maker Allergan Inc.’s common stock and expressed support for Valeant Pharmaceuticals International Inc.’s hostile bid for the company, according to recent reports.

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SJC Tech Incubator Partners with GE to Grow Startups

Frost Data Capital, a San Juan Capistrano-based venture capital firm and incubator that focuses on “big data,” has partnered with GE to launch an incubator to foster technology startups.

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Opus Launches Small-Business Division

Irvine-based Opus Bank has launched a small-business banking division.

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Irvine Digital Publisher Raises $4M

Online sports and lifestyle content publisher Rant Media Network Inc. has raised $4 million in a private offering of its common stock.

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Irvine Digital Publisher Raises $4M

Online sports and lifestyle content publisher Rant Media Network Inc. has raised $4 million in a private offering of its common stock.

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Santa Ana Healthcare IT Company Fetches $115M

Capario, a Santa Ana-based healthcare technology services company, has been to sold for $115 million to Emdeon Inc. in Nashville, Tenn.

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Allergan to Shareholders: Reject Valeant’s Latest Bid

Allergan Inc. has urged its shareholders to reject the latest advance from hostile suitor Valeant Pharmaceuticals International Inc.

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OC Jobless Rate Below 5%

Orange County employers added 3,000 jobs in May, helping drive down the local unemployment rate to 4.9%.

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Largest OC Architecture Firm Expands into Texas

Irvine-based design and architecture firm LPA Inc. has inked a deal to absorb OCO Architects in San Antonio, Texas, landing its first office outside of California.

ClearLight Partners Sells Portfolio Company

Newport Beach-based private equity firm ClearLight Partners LLC sold its stake in TASI Group, a testing, measurement and inspection equipment maker that had been in its portfolio for about seven years.

Dough Maker Gets Money for Expansion

Irvine-based cookie dough maker South Coast Baking Co. got a $10 million credit facility from City National Bank to upgrade its local operations and open a second facility in Springdale, Ark.

Private Companies Plow Ahead

Biggest Here Notch 7% Revenue Gain to $71B

Orange County’s biggest private companies got bigger in a continued run of revenue and employment gains.

Yorba Linda Firm Buys in Brazil

Yorba Linda-based electronics products maker B&K Precision Corp. has acquired Teknix SA in Sao Paulo, Brazil.

Biggest Here Notch 7% Revenue Gain to $71B

Private Companies Plow Ahead

Orange County’s biggest private companies got bigger in a continued run of revenue and employment gains.

OC Companies to Join Russell Indices

A roster of Orange County’s publicly traded companies will be added to the Russell 3000 and Russell Microcap indices, according to a preliminary list published by Russell Investments, which rebalances the indices annually.

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OC Jobless Rate Below 5%

Orange County employers added 3,000 jobs in May, helping drive down the local unemployment rate to 4.9%.

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Largest OC Architecture Firm Expands into Texas

Irvine-based design and architecture firm LPA Inc. has inked a deal to absorb OCO Architects in San Antonio, Texas, landing its first office outside of California.

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Sunstone to Issue 18M Shares in Public Offering

Sunstone Hotel Investors Inc. announced plans to issue 18 million shares of its common stock in a public offering, in part to help pay for its latest resort acquisition.

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Sunstone to Issue 18M Shares in Public Offering

Sunstone Hotel Investors Inc. announced plans to issue 18 million shares of its common stock in a public offering, in part to help pay for its latest resort acquisition.

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Russell Indexes Add, Drop OC Companies

A roster of Orange County’s publicly traded companies will be added to the Russell 3000 and Russell Microcap indexes next week, according to a preliminary list of additions published by Russell Investments.

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Pimco Joins 30% Club’s Push for More Women Directors

Newport Beach-based Pacific Investment Management Co. has joined an international advocacy group that aims to push for more women on corporate boards.

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ClearLight Exits Portfolio Company

Newport Beach-based private equity firm ClearLight Partners LLC has sold its stake in TASI Group, a testing, measurement and inspection equipment maker that had been in its portfolio for about seven years.

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ClearLight Exits Portfolio Company

Newport Beach-based private equity firm ClearLight Partners LLC has sold its stake in TASI Group, a testing, measurement and inspection equipment maker that had been in its portfolio for about seven years.

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Pimco Joins 30% Club’s Push for More Women Directors

Newport Beach-based Pacific Investment Management Co. has joined an international advocacy group that aims to push for more women on corporate boards.

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Cookie Dough Maker to Upgrade, Expand

Irvine-based cookie dough maker South Coast Baking Co. got a $10 million credit facility from City National Bank to upgrade its local operations and open a second facility in Springdale, Ark.