INDUSTRIES
Laguna Hills-based Summit Healthcare REIT Inc. sold a portfolio of three skilled nursing facilities in San Bernardino County for $30 million to affiliates of the current operator of the facilities on Sept. 6.
Sept. 12, 2024
Updates
San Diego-based Qualcomm Technologies Inc. agreed to acquire 4G IoT technologies of Sequans from Paris-based Sequans Communications S.A. for $200 million on August 23.
Aug. 30, 2024
The U.S. subsidiary of Japanese firm T. Hasegawa Co. announced that its U.S. subsidiary had acquired shares of Abelei Inc. for $48 million on August 23.
Aug. 29, 2024
PTW America Inc., based in Marina del Rey, announced the acquisition of Ghostpunch Games for $13.15 million on August 27.
California
Metro is sued over a $730-million subway car order after labor advocates said the agency failed to implement its jobs program.
Sept. 16, 2024
Long Beach-based Molina Healthcare Inc. agreed to acquire Connecticare Holding Co. Inc. for $350 million on July 23.
July 25, 2024
Real estate private equity investment firm Primior agreed to be acquired by Grillit Inc. in a transaction valued at $30 million on July 22.
Watch L.A.
L.A. Influential
Known for his global stature and civic work in Ohio, the Laker has tapped a core group of friends and family to build an economic empire rooted in Los Angeles.
June 9, 2024
More than 70 shuttered 99 Cents Only Stores across Southern California will reopen as Dollar Tree locations as part of a massive acquisition by the discount chain.
June 6, 2024