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Brandman’s Latest Partners: AAA, Chipotle

EDUCATION: Companies subsidize career developmentBrandman University has added the Automobile Club of Southern California to its growing roster of participating businesses that offer highly subsidized tuition rates to its employees.

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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Hotels Gain Across the Board

Local hotels increased rates, revenue, and occupancy in September, a report by CBRE Hotels said.

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Trade Food Hall Sells

Trade Food Hall in Irvine sold for $31 million.

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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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Vanguard Prof Named to U.S. Group

Dr. Sandra Morgan, professor and director of the Global Center for Women and Justice at Vanguard University, is expected to join the federal Public-Private Partnership Advisory Council to End Human Trafficking.

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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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Blinking Owl in Temp Shutdown

Blinking Owl Distillery in Santa Ana will close for 25 days after a Sacramento administrative law judge affirmed Alcohol and Beverage Control allegations the spirits maker had served too much alcohol to an undercover agent.

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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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UCI Law Launches $65M Campaign

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

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Concordia Names New President

Dr. Michael A. Thomas has been named the fifth president of Concordia University Irvine, effective Jan. 1.

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D.C. Issues Worry OC Business Execs

ECONOMY: Puri sees home price growth less than 1%

Orange County business leaders say political turbulence in the nation’s capital creates the biggest threat to their businesses as employment growth slows and home price hikes are set to be “restrained at best,” according to California State University-Fullerton forecasters.

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Wyndham Rebrands

Wyndham Irvine – Orange County Airport is being rebranded under a name new to OC.

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Long Beach Airport Traffic Ticks Up

Long Beach Airport traffic rose 1.5% year-over-year in September to 289,500 passengers; year-to-date traffic is down about 12% to 2.6 million passengers.

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