September 11, 2011 |
The kid wasn't particularly big or quick, but he loved basketball and practiced hard enough to be good at it. That fall, he planned on starting for his high school team. Until his dad pulled him aside to talk about the future. "I don't think you have the potential to be an NBA player," his father said. "There's another opportunity you should look at. " The family owned a bridal shop at Third Street and Broadway in Los Angeles and rented the tuxedo department to an outsider who was struggling to pay the bills.
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.
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.
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.
December 16, 1998 |
La Pizza Loca Inc., a closely held Buena Park-based pizza restaurant chain, offered $2 cash for each common share of Chicago Pizza & Brewery Inc. that it doesn't already own and isn't held by top executives of Chicago Pizza. The offer values Chicago Pizza, operator of BJ's Pizza & Grill restaurants, at about $12.8 million, a 19% premium over its most recent share price, with 6.4 million shares outstanding. Its shares were at $1.