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Latest Local News
The most recent Business Journal articles featured in the Latest Local News section of the Web site.
TriZetto Cleared for Shareholder Vote on Acquisition
A Delaware judge has cleared Newport Beach-based healthcare software maker TriZetto Group Inc. to hold a July 14 shareholder vote on its acquisition by a private equity firm.
Garden Grove Hospital Sale Wraps Up
The $41 million sale of Garden Grove Hospital and Medical Center by Tenet Healthcare Corp. to Prime Healthcare Management Inc. has wrapped up.
Bad News Sends Jitters Through Execs' Q3 Outlook
Falling home and stock prices, high fuel costs and inflation have local executives spooked about the new quarter.
Condos Near Completion, But Will There Be Buyers?
Skyline at MacArthur Place, the twin condominium towers developer Nexus Cos. is putting up in its hometown of Santa Ana, is expected to wrap up construction by September.
Billabong Buys San Diego Skateboard, Clothes Maker
Irvine’s Billabong USA has bought a San Diego maker of skateboards and related clothing.
Networking Device Maker Lantronix Restructures
Shares of Irvine-based Lantronix Inc., a maker of networking gear, slumped on Wednesday after the company said it’s set to start an overhaul of its business.
Quality Systems Director Nominates Board Candidates
Ahmed Hussein, a director of Irvine medical software maker Quality Systems Inc., said Tuesday that he is nominating six candidates to the company’s board of directors.
Nicholas Set for Options Trial in April, Drugs Later in 2009
Broadcom Corp. cofounder and former chief executive Henry Nicholas is set to stand trial for options backdating in April next year.
Seller of Fresh, Frozen Strawberries Sold
Placentia-based Sunrise Growers Inc., a seller of fresh and frozen strawberries, has traded hands among private equity firms.
Apria, Others Lose Round on Medicare Bidding
The home healthcare industry, which counts Lake Forest’s Apria Healthcare Group Inc. as one of its leaders, lost a legal fight Monday when a federal court upheld Medicare’s plan to put in a competitive bidding plan for oxygen tanks and other durable medical equipment.
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