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William Lyon Sold; $2.4 Billion Deal

HOMEBUILDERS: Combined company fifth-largest in USNext year will mark the end of an era for William Lyon Homes, one of Orange County’s iconic homebuilders.

Axonics in $101M Offering

Axonics Modulation Technologies Inc. (Nasdaq: AXNX) in Irvine priced 5 million shares of common stock at $22 a share.

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Allied Universal Buys Vinson

Santa Ana’s Allied Universal, the largest private security firm in North America, bought Vinson Guard Service, a New Orleans-based guard services firm in the southeastern United States, the two companies said today.

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Starboard Takes Acacia Stake

Patent licenser Acacia Research Corp. (Nasdaq: ACTG) in Newport Beach said it will get up to $400 million under an agreement with New York-based investment adviser Starboard Value LP.

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Salas O’Brien Buys Again

Santa Ana engineering firm Salas O’Brien bought RMS Engineers in Richardson, Texas, on undisclosed terms. RMS does heavy industrial consulting in Texas for chemical; oil and gas; paper and pulp; and mining companies.

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OC Unemployment Up Slightly

Orange County’s unadjusted jobless rate rose to 2.5% in October, up from a revised 2.4% in September and below the year-ago estimate of 2.8%, according to the state Employment Development Department.

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New CFO at Ingram Micro

Mike Zilis, who’s led much of Ingram Micro Inc.’s international strategy and operations, has been named chief financial officer of the Irvine-based wholesale tech distributor, succeeding Gina Mastantuono effective Jan. 1.

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Clearview Sells Hawaii Hotel

Clearview Partners in Newport Beach sold a nearly 600-room Holiday Inn Express in Waikiki for $205 million.

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Mission Critical Buys Again

Huntington Beach-based Mission Critical Electronics bought Purkeys Fleet Electric in Arkansas.

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Guest Spending Boosts Disneyland

Strong visitor spending at Disneyland Resort offset expenses and lower attendance at the Anaheim park during its parent company’s fourth quarter.

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NextGen Buying Patient Platform

Irvine-based NextGen will buy North Carolina-based Medfusion Inc. for $43 million in cash.

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Trumark Adds Commercial

Newport Beach-based homebuilder Trumark Cos. will develop office, multifamily and mixed-use projects under a new division.

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Allied Universal Buys Tech Integrator

Santa Ana’s Allied Universal, the largest private security firm in North America, has acquired Advent Systems Inc. to expand its technology offerings. Terms weren’t disclosed.

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Trade Food Hall Sells

Trade Food Hall in Irvine sold for $31 million.

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Veritone Revenue Up 70%

Veritone Inc. (Nasdaq: VERI) in Costa Mesa, a provider of artificial intelligence technology, said third quarter revenue rose 70% year-over-year to $12.8 million while its net loss narrowed to $14.2 million from $15.9 million.

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William Lyon Homes: $2.4B

Taylor Morrison Home Corp. (NYSE: TMHC) has agreed to buy William Lyon Homes (NYSE: WLH) for cash and stock worth $2.4 billion, creating the fifth-largest U.S. home builder and developer firm.

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Iteris Hit By Earnings Miss

Shares in vehicle detection and traffic control company Iteris Inc. (Nasdaq: ITI) plunged as much as 11% after its second-quarter loss was greater than analysts’ estimates.

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Simons Give Chapman $9M

Chapman University received a $9 million commitment from the Simon Foundations during its annual Chapman Celebrates gala on November 2.

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Beauty M&A Continues: Benchmark to KDC/ONE

Irvine beauty formulations firm Benchmark Cosmetic Laboratories has traded hands.

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Pace Over Price for New Home Co.

Aliso Viejo homebuilder New Home Co. (NYSE: NWHM) is following through on its plan to focus on sales volume over price, shifting its home prices downward to capture growing demand for affordable housing.

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Carrick Exits 3 Cos.

Newport Beach-based Carrick Capital Partners, an investment firm focused on software firms, said it sold three portfolio companies, its first such divestiture.

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Viant Co-Founders Buy Back Stake

Viant Technology LLC, an Irvine-based advertising technology company, said it completed a company buyout and that co-founders Tim and Chris Vanderhook have regained control of the firm from Des Moines-based Meredith Corp.

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Emerald Expos Bolsters Portfolio

San Juan Capistrano-based Emerald Expositions Events Inc. (NYSE: EEX) bought G3 Communications in New Jersey for an undisclosed sum.

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Terra Tech Merging

Irvine-based Terra Tech (OTC: TRTC), a cannabis-focused agriculture company, will merge with privately held plant-derived drug maker OneQor

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UCI Law Launches $65M Campaign

University of California-Irvine School of Law plans to raise $65 million over five years.

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Bastion Collective Continues Buying Spree

Marketing and communications firm Bastion Collective USA said Monday it acquired consumer insights firm and consultance db5.

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