July 24, 1999 |
A jury this week awarded more than $1.3 million in damages to the owner of a pizza restaurant chain stemming from a legal dispute over the sale of a Santa Ana apartment building. Alex Meruelo, owner of the La Pizza Loca chain in Buena Park, was awarded damages against Marcus & Millichap Real Estate Investment Brokerage Co., the nation's largest real estate investment brokerage firm.
March 13, 1995 |
When Alex Meruelo opened his first pizza restaurant, no one was making fast-food deliveries in the neighborhood. The perception, he said, was that the heavily Latino area of Huntington Park was simply too dangerous. But Meruelo, a Cuban American, disagreed. Since 1986, he has defied that convention and in doing so has built a successful business. His La Pizza Loca chain now has 54 outlets in three states with annual sales of more than $22 million.
December 11, 2013 |
Classic R&B and hip-hop radio station KDAY-FM (93.5) has been sold to Meruelo Media, a Los Angeles company that has been expanding its holdings. Financial details of the transaction were not disclosed. The station had been on the market for more than two years. Earlier this year, another company attempted a nearly $20-million deal to buy KDAY from Magic Broadcasting of Florida, but that deal fell apart. The previous group, RBC Communications, had planned to switch the format to Mandarin language, which startled some longtime listeners.
July 23, 1991 |
Alex Meruelo hopes to someday be known as the pizza king of Southern California's Latino community. The energetic, boyish-looking 27-year-old founder of the Buena Park-based La Pizza Loca restaurant chain is off to a good start. Since founding his company five years ago, Meruelo has assembled a chain of 26 pizza delivery outlets in mostly Latino neighborhoods of Orange and Los Angeles counties.
December 5, 2000 |
Developer and pizza chain owner Alex Meruelo has acquired the Pine Court shopping center and apartment project in downtown Long Beach for about $24 million from Pine Square Acquisition Corp. and 245 Pacific Acquisition Corp., according to Mark Tarlov, a vice president at Meruelo's Downey-based Merona Enterprises Inc. Pine Court, on Pine Avenue near Broadway, includes about 100,000 square feet of retail space anchored by a 16-screen AMC theater complex, plus the 142-unit Pacific Court Apartments.
June 2, 1999 |
A group including La Pizza Loca Inc. and its president, Alex Meruelo, have increased its stake in Chicago Pizza & Brewery Inc. to 14.77%, according to regulatory documents filed Tuesday. Buena Park-based La Pizza Loca, which is 95% owned by Meruelo, made a bid to acquire Mission Viejo's Chicago Pizza in December, but Chicago Pizza rejected the offer. In January, Meruelo held a 7.4% stake in Chicago Pizza.