July 20, 1994 |
Two Orange County investment banking companies that acted for awhile as if they wanted to merge now say they will continue to work together through a joint venture but have no intention of becoming one company. Larry Friend and Michael Danzi said their companies will work on major deals, like the effort to sell a minority shareholder's stock in the Irvine Co., through a division of L.H. Friend, Weinress & Frankson Inc. But Friend and Danzi said each company will continue to operate separately.