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ORANGE COUNTY BRIEFLY

Merger Plans Called Off

May 28, 1998| Times Wire Services

Orange County home builders Standard Pacific Corp. and Olson Co. have called off their merger plans.

Standard Pacific, based in Costa Mesa, had announced plans in February to acquire Seal Beach-based Olson, an urban home builder, for about $22.3 million in stock.

The announcement on Wednesday gave no reason for calling off the deal.

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